Department on Aging Hosts a Summit to Prevent Elder Financial Exploitation

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Summit Will be Held During the Adult Protective Services Conference

OAK BROOK, IL  – The Illinois Department on Aging (IDoA) will host the 3rd annual Summit on the Prevention of Elder Financial Fraud and Abuse Wednesday, August 20, 2014, at the Oak Brook Hills Resort.  IDoA presents the summit to highlight addressing the ways state and federal agencies work together with financial institutions to protect older adults from exploitation and fraud.  Financial exploitation is the most commonly reported form of abuse against older adults.  The summit is held the first day of the Adult Protective Services Conference which runs through August 22).

Employees of financial institutions are considered partners in recognizing, reporting and stopping the financial exploitation of older adults.  Those who attend will benefit from presentations by state and federal experts.  The featured speaker will be Terry Savage, author and nationally recognized expert on personal finance, the economy and the markets.  Ms. Savage will present the “Savage Truth about Protecting Our Elders’ Money.”

WHO: John K. Holton, PhD – Director, Illinois Department on Aging

Mary Killough – Deputy Director, Illinois Department on Aging

Manny Flores – Acting Secretary, Illinois Department of Financial & Professional Regulation

Nora Dowd Eisenhower – Asst Director, U.S. Office for Older Americans, Consumer Financial

Protection Bureau

Keynote Speaker Terry Savage – Expert on personal finance, the markets, and the economy

WHAT: 3rd annual Summit on the Prevention of Elder Financial Fraud and Abuse

(The summit kicks off the Adult Protective Services Conference)

WHEN: Wednesday, August 20, 2014 Highlights of agenda:

Summit open & welcome – 8:30 a.m.

Concurrent Workshop Sessions

Luncheon & Keynote Speaker – 12:00 p.m.

Afternoon Sessions begin at 1:30 p.m.

WHERE: Oak Brook Hills Resort

3500 Midwest Road

Oak Brook, Illinois

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