New Law Helps Bankers Fight Exploitation of Vulnerable Adults


The Washington Department of Social and Health Services received 17,586 reports of vulnerable adult abuse in 2010. Twenty-six percent of those reports were about financial exploitation.

Because it is likely that many cases are unreported, many experts believe that the number of vulnerable adults suffering financial exploitation could actually be much higher.

In 2010, the Washington State Legislature amended the Vulnerable Adult Protection Act to give financial institutions new and better tools for preventing and reporting financial exploitation of “vulnerable adults.”

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:


Lane Powell PC on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.