Kansas Insurance Commissioner Vicki Schmidt said the Kansas Department of Insurance has partnered with the Kansas Department for Children and Families and the Department for Aging and Disability Services to host events across the state to observe World Elder Abuse Awareness Day.
“The probability of recovering money for a victim after an investment scam is extremely low—less than 5%,” Schmidt said. “This is why prevention and education are key, especially with our most vulnerable populations.”
World Elder Abuse Awareness Day June 15. In observance of this cause, throughout the week of June 9 to 13 and June 20, department staff and our partners will provide presentations to Kansas communities on how to spot and prevent financial scams and exploitation targeting older adults. Visit insurance.kansas.gov/weaad/ to see the presentation schedule and locations.
“Financial exploitation that targets older Kansans is not just stealing their assets but stealing their trust and dignity,” said Laura Howard, secretary for both the Department for Aging and Disability Services and the Kansas Department for Children and Families. “It’s important for everyone to know how to recognize and prevent financial exploitation.”
If you or someone you know suspects investment fraud, contact the Kansas Securities Division of the Kansas Department of Insurance at 785-296-3071 or file a complaint online at insurance.kansas.gov/securities/complaint/. You can also visit SmartInvestKS.gov to learn more about different types of investments and how to avoid fraud.
To learn more about DCF Adult Protective Services, visit dcf.ks.gov. To learn more about the KDADS findings of abuse, neglect or exploitation, visit kdads.ks.gov.
