Bank of Labor Helps KCK Seniors Fight Scams
Nationwide there are more than two million senior citizens victimized annually, with financial losses currently estimated at $2.9 billion according to MetLife Mature Market Institute. Bank of Labor will partner with CRA Partners to launch the first area Senior Crimestoppers Program to educate and prevent fraud against seniors.
“I want to thank Senior Crimestoppers for bringing their program to the residents of the Kansas City Transitional Care Center. Their efforts will empower these folks to avoid becoming another victim of crime against our elderly family members and friends,” said Mayor David Alvey. “Thanks as well to the Bank of Labor for funding this program: we are blessed by your generosity!”
The initial program will be a proactive measure to address the residents and staff at the Kansas City Transitional Care Center in Kansas City, Kansas. Future programs throughout the community will be open to the public based on consumer demand.
“Bank of Labor is committed to protecting people against fraud that can lead to financial losses and heartache,” said Sandra Olivas, Bank of Labor VP Community Business Development. “The program will address potential scams and other financial crimes. Society has had a longstanding, constant battle fighting crimes against the elderly, but with the help of the Senior Crimestopper Program we will work to reduce and prevent this threat.”
The event was held at 2:00 PM at the Kansas City Transitional Care Center located at 3910 Rainbow Boulevard in KCK.
Senior Crimestoppers is a coordinated set of components that work together to create a zero tolerance platform to reduce crime in senior housing facilities. Components include cash rewards up to $1,000 paid anonymously for information about wrongdoing of any kind, personal lockboxes for the residents, and effective, on-going education and training for staff members and residents. Senior Crimestoppers has reduced all aspects of crime in participating facilities by 94%.