Elder Fraud: The Next Frontier

RELEASE DATE: SEPTEMBER 21, 2026
ESTIMATED DURATION: 75 MINUTES

Elder fraud is becoming one of the most rapidly growing financial crimes in our nation. Criminals strategically select their targets, using sophisticated deception to gain their trust and access their assets. These fraudsters are relentless, showing no concern for the emotional or financial devastation they cause. Once they manipulate an accountholder, they exploit the weakest link within financial institutions to further their schemes. Many victims feel too ashamed or fearful to come forward, often refusing to report the crime or seek justice. This silence allows fraud to continue unchecked. Now is the time to take action. In this session, we will examine the evolving tactics criminals use, explore strategies to protect accountholders, and discuss critical steps for identifying and assisting victims. Join us to strengthen your institution’s defenses and be a frontline protector in the fight against elder fraud.

SUBJECT MATTER EXPERT:

Barry Thompson is a nationally recognized subject matter expert, consultant, and former banker, with over 40 years of service to the financial institution industry. Barry’s financial services career spanned 22 years before he “retired” to establish Thompson Consulting Group, LLC, his consulting firm that assists financial institutions in competing more effectively by providing services specifically targeted to risk management and security. During his career, he served as executive vice president, senior vice president, treasurer, compliance officer, and security officer. In these positions, he has worked in or managed operations, accounting, investments, mortgage processing, and special assignments and has worked with architects and contractors in remodeling and designing institution facilities. Barry has investigated embezzlement cases, identity fraud cases, check kites, and almost all possible criminal incidents against financial institutions. As a security officer, Barry handled over 900 security cases. He has been involved with investigations and prosecutions on the federal, state, and local levels and has testified before grand juries, county courts, bankruptcy courts, family courts, and the New York State Supreme Court.

Thompson Consulting Group, LLC provides consultative training services for financial institutions that are looking for experts with actual industry experience. With our firm, you learn to handle real-world issues using methods based on practical solutions for the community institution — unlike security firms or computer penetration companies, which only know our industry from the outside. We provide training, risk management advisory services, banking expos, community programs, and physical risk assessments.

LEARNING METHOD This is an on-demand e-learning program requiring learners to interact and actively engage throughout the training.  

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