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Talking Turkey to Keep the Wolves Away with Anne Larkin and Samuel Kunjukunju
TOPIC: Talking Turkey to Keep the Wolves Away – Eradicating Elder Financial Fraud
SPEAKER: Ann Larkin and Samuel Kunjukunju
Seniors lose billions of dollars every year due to criminals absconding with much-needed retirement assets. Learn about current scams, the financial industry’s responses, and the need for more help.
BIOGRAPHY
ANNE WILSON LARKIN works as a consultant with the American Bankers Association (ABA) and The Moonshot Initiative to help fight elder financial exploitation. Scammers took her parents’ assets, which ignited a passion for keeping other people’s assets safe. She is a litigator by training, holding five state bar licenses and, also worked within government and academia. Anne’s work for 15 years as a Senior Vice President for a large bank connected her with other passionate people across the country and internationally. During COVID, she held 50 conversations with different Adult Protective Services agencies regarding what is needed. She obtained her Juris Doctorate with Highest Honors from the University of Oklahoma and is a proud TCU Horned Frog undergrad.
SAMUEL KUNJUKUNJU is the Vice President of Consumer Education at the American Bankers Association (ABA). He designs and implements programs to support the banking industry’s efforts to protect consumers and engage vulnerable communities through the ABA Foundation. Sam oversees the Foundation’s national financial education programming and serves as the subject matter expert on elder financial exploitation. Sam holds a Master of Public Health as well as a Master of Business Administration from the University of Rochester.
Many financial industry, government, and non-profit resources exist (see e.g., bank and investments websites; FBI, including iC3; DOJ, including Elder Justice Coordinators; FTC and their elder advisory committees; CFPB’s Office of Older Americans; state Adult Protective Agencies (APS) and the National APS Association; AARP; the Better Business Bureau; The Moonshot Initiative (TMI); and other state and local law enforcement).
Similarly, many books address elder financial fraud: Empty Mansions re: Huguette Clark; The Stealing Joy; Elder Fraud Wars; Quick Guide to Recognizing Elder Fraud. Recent movies include “I Care A Lot” (guardianship abuse); “Tinder Swindler” (romance scams); and “The Bee Keeper” (retribution after a computer scam).`
