Financial Exploitation Prevention Act (FEPA) Statistics
Adult Protective Services (APS) will be providing statistics on a monthly basis as to the number of Financial Exploitation referrals that Financial Institutions (FI) are providing to their office and the number of referrals that are assigned to a caseworker. These numbers show that FI are complying with FEPA by contacting APS/or Law Enforcement when they suspect financial exploitation in their customers accounts.
Fiscal Year |
Number of Referrals from FI to APS |
Assigned to Caseworker |
% of Increase |
2021 |
2369 |
691 |
17% |
2022 |
3955 |
312 |
60% |
If you have any questions, please contact Alyssa Bouchard at
abouchard@michigan.bank.