AN ACT relating to financial exploitation.

This bill strengthens Kentucky's protections against the financial exploitation of adults, including people age 65 and older. It raises the dollar thresholds and increases criminal penalties for those who exploit vulnerable adults, and it allows Kentucky's Attorney General to seek the return of suspects who flee to other states. It also requires investment advisors to receive training on recognizing financial exploitation and sets new rules for financial institutions that place temporary holds on accounts suspected…

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