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Pennsylvania Senate Passes Bill Letting Banks Freeze Suspicious Transactions to Stop Elder Scams: What SB 738 Would Do

Pennsylvania’s Senate voted 47-2 for SB 738, which would let banks and credit unions temporarily hold suspicious transactions when they believe an older adult is being financially exploited. Here’s what the bill would do, what it would mean for families and agents under a power of attorney, and what to do now.

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