Image
Bill to Reduce Financial Abuse of Vulnerable Texans Passes the House
Just in time for Elder Abuse Prevention Month, the Texas House passed HB 3921 last week — a bill by Rep. Tan Parker, Chair, House Investments & Financial Services. This bill aims to reduce financial abuse by providing financial institutions and securities dealers with tools and authorization to place a hold on suspicious transactions. Once money is in the hands of fraudsters and those taking advantage of vulnerable family members, it is difficult, if not