Protecting Seniors: Combating Elder Financial Abuse with Retired FBI Agent John Schwartz

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Season 6 - Episode 133

You may be enlightened as we welcome John Schwartz, a retired FBI agent and the visionary founder of the Center for Combating Elder Financial Abuse, to our latest episode from The CopDoc Podcast. John's journey from West Point to the U.S. Army, where he served in roles ranging from field artillery to ROTC instruction, laid the groundwork for his 24-year career with the FBI. From drug enforcement to counterintelligence and counterterrorism, John's diverse experiences with the Bureau have now converged into his mission to protect vulnerable seniors from financial exploitation.

Our conversation takes a deep dive into the alarming rise of elder financial abuse and the critical role that police agencies can play in addressing this often-overlooked crime. We shed light on the myriad schemes used to target the elderly, including handyman scams, sweetheart cons, and fraudulent sweepstakes. Highlighting notorious cases like Scott Cohen's $300 million Ponzi scheme, we stress the necessity for law enforcement to investigate these broader criminal enterprises, emphasizing financial predators' extensive and sophisticated reach.

The CopDoc Podcast explores the various forms of elder fraud, from impersonation scams to "pension poaching" aimed at elderly veterans. By sharing strategies employed by successful elder abuse units and discussing the importance of continued education and collaboration, we strive to equip our listeners with the tools to fight this pervasive issue. John Schwartz's insights and dedication serve as a powerful call to action for all of us to stay informed and vigilant in protecting our most vulnerable populations.

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Website: www.copdocpodcast.com

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