AGENCY TESTIMONY
Introduction and overview of elder fraud by NYPD representative
0:30:04
·
99 sec
Josh Levin, Director of Legislative Affairs for the NYPD, introduces himself and his colleagues to discuss the NYPD's commitment to preventing and investigating financial fraud against older New Yorkers. He begins with an anecdote illustrating a common elder fraud scenario and explains why the elderly are particularly vulnerable to financial fraud.
- Introduces key NYPD officials present at the hearing
- Highlights the vulnerability of elderly populations to financial fraud
- References research from the National Institute of Justice on elderly susceptibility to fraud
Josh Levin
0:30:04
Good morning, chair Salam, chair Hudson, members of the council.
0:30:09
My name is Josh Levin.
0:30:11
I am director of the legislative affairs unit of the New York City Police Department.
0:30:16
I'm joined here today by assistant chief Jason Savino of the detective bureau.
0:30:21
Deputy chief Julie Murillo of the Quality Assurance Section of the Professional Standards Bureau and Captain Spiro Pop of Losopoulos, commanding officer of the Community Affairs Bureau's Crime Prevention Division as well as commissioner Lorraine Cortez Vasquez, commissioner of the department for the agent.
0:30:42
Thank you for this opportunity to discuss the NYPD's commitment to preventing and investigating financial fraud and abuse perpetrated against older New Yorkers.
0:30:54
So the story I laid out at the beginning of our testimony is sadly one that we can see happen to all members of the community regardless of age, but it is especially harmful when it targets the elderly, which as chair Hudson also alluded to is a vulnerable population.
0:31:11
Now according to a paper from the National Institute of Justice, which is the research development and evaluation agency of the US Department of Justice.
0:31:20
The elderly can be particularly susceptible to financial fraud for multiple reasons, including possible lack of financial literacy, possible social isolation or possible cognitive decline.
0:31:32
So given this reality, the NYPD dedicates significant resources to the fight against financial fraud in general, but especially in regards to the elderly.
