Standing
Together
Against
Elder Financial Abuse
We are a united coalition dedicated to protecting seniors from financial exploitation. By advocating for stronger protections like AB 83, we aim to prevent fraud, hold bad actors accountable, and ensure financial security for older adults across California.
Who We Are
Our Mission
The California Alliance to Protect Seniors (CAPS) is a coalition of advocates, community leaders, and organizations dedicated to protecting seniors’ economic well-being through education, policy advocacy, and legislative action. We are committed to supporting Assembly Bill 83 (AB 83)—a critical measure that enables financial institutions to establish plans to protect seniors from financial exploitation, ensuring stronger guardrails and protections across California.
Financial fraud and exploitation disproportionately harm our most vulnerable citizens. By uniting voices from across the state, CAPS aims to drive real change, implement preventive solutions, and hold bad actors accountable.
Proactive Protection
Gives banks and credit unions the necessary tools to prevent fraud, theft, or suspicious transactions.
Stronger Safeguards
Shifts the focus to prevention-based solutions that truly help seniors, by allowing a financial institution or trusted contact to intervene on a victims behalf.
Driving Real Change
CAPS aims to drive real change, implement preventive solutions, and hold bad actors accountable.
Bipartisan Support
AB 83 is gaining momentum, with support from both Democratic and Republican legislators who recognize the urgency of stopping elder financial abuse.
Let's join together to stop fraud before it happens
The Growing Crisis of Elder Financial Abuse
By passing AB 83, we empower financial institutions to take action, and prevent devastating losses for California’s seniors.
- $3+ billion lost annually due to financial exploitation of seniors in the U.S.
- 1 in 10 seniors will experience financial fraud in their lifetime.
- Existing laws are reactive—AB 83 prioritizes prevention, education, and stronger protections.
making headlines
Financial Elder Abuse in the News
RBC Wealth Management
Financial elder abuse: Five common signs
ThinkAdvisor
IRA Lawsuit Shows Why Advisors Must Watch for Elder Financial Abuse
Join the Coalition
Take Action Today
Every Californian deserves financial security and protection from fraud. AB 83 is the solution—but we need your help to get it passed.