Protecting the Elderly and Vulnerable from Financial Exploitation, with Liz Loewy

Financial Crime Matters

Kieran talks with former prosecutor Liz Loewy, who founded the elder abuse bureau in the New York District Attorney’s office in 1994 and is co-founder and current COO of EverSafe, a company that utilizes financial technology to protect elderly and vulnerable individuals from financial abuse. “Loved ones have a responsibility to look out for one another,” Liz tells Kieran in describing how families should adopt a strategy to protect all their members from financial crime. With the rise in digital banking, Liz argues for a “fight fire with fire” strategy that relies on fintech to prevent and detect fraud and other criminal threats. Along the way, Liz also addresses what’s real and what’s not with regard to the abuse of older people in the Netflix movie “I Care a Lot”