Sextortion & Elder Financial Exploitation

Sextortion and Elder Financial Abuse are emerging threats that highlight the human impact of financial crime. Sextortion involves the coercion of victims—often via digital platforms—through threats to expose intimate content unless money is paid. Elder financial abuse targets senior citizens, exploiting them through scams, manipulation, or undue influence, sometimes by family members or caregivers. Financial institutions play a critical role in identifying red flags, intervening when suspicious activity occurs, and training staff to recognize vulnerable clients who may be at risk.