Protects seniors and adults with disabilities from financial exploitation by allowing civil claims for damages.

The bill allows eligible adults, defined as those 60 years or older or disabled, to file civil claims for damages related to financial exploitation. Financial exploitation includes unauthorized use of money, assets, or property, or obtaining control of an eligible adult's records through power of attorney, guardianship, or conservatorship. Qualified individuals, such as bank employees, must notify the Secretary and relevant agencies if they suspect exploitation. Financial institutions can delay transactions if they suspect exploitation and must report their findings.

Protects seniors and adults with disabilities from financial exploitation by allowing civil claims for damages.

The bill allows eligible adults, defined as those 60 years or older or disabled, to file civil claims for damages related to financial exploitation. Financial exploitation includes unauthorized use of money, assets, or property, or obtaining control of an eligible adult's records through power of attorney, guardianship, or conservatorship. Qualified individuals, such as bank employees, must notify the Secretary and relevant agencies if they suspect exploitation. Financial institutions can delay transactions if they suspect exploitation and must report their findings.