Alaska Financial Firms Urged to Watch for Signs of Elder Financial Fraud and Exploitation is an alert issued by the Alaska Department of Law to financial firms in the state to be aware of the rising trend of elder financial abuse and exploitation. This alert encourages financial firms to look out for signs of fraud and exploitation among their elderly clients. The alert outlines various types of fraud and exploitation that may be perpetrated against the elderly, including identity theft, investment scams, telemarketing fraud, and other forms of financial abuse. It also encourages firms to adopt policies and procedures to detect and report such activities. The alert stresses the importance of having a reporting system in place to ensure that suspicious behavior is reported promptly and thoroughly. The alert applies to all types of Alaska financial firms, including banks, credit unions, investment advisers, mutual funds, and broker-dealers. It also applies to any other entities that provide financial services or products to the elderly. By paying attention to these signs of fraud and exploitation, financial firms can help protect their elderly clients from becoming victims of financial abuse.