Posted: | June 14, 2022 11:40 AM |
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From: | Senator Bob Mensch |
To: | All Senate members |
Subject: | Financial Exploitation Protections for Older Adults |
In the near future, I plan on introducing legislation addressing the rise in financial exploitation of older Pennsylvanians. These measures are an important piece of legislation I have sponsored in the past seeking to re-write the Older Adult Protective Services Act, or OAPSA. In the years that I have sponsored that re-write, the one piece that seems to have consensus amongst stakeholders are the financial exploitation provisions which are especially timely now given the rise in scams targeting Pennsylvania's senior citizens. This legislation will give financial institutions tools to intervene if they suspect an older adult is being taken advantage of through the illegal taking, misuse or concealment of money, property or assets. It is time we take action to protect our seniors who have fallen victim to crimes like these in alarmingly increasing numbers over the past decade. Please join me in co-sponsoring this important legislation to protect our Commonwealth's seniors. |