Benson, Lagana, Mosquera & Eustace Bill to Help Curb Financial Fraud and Exploitation of Elderly Approved by Assembly Panel

Posted by
1 min read
January 14, 2015

(TRENTON) – An Assembly panel released legislation on Monday sponsored by Assembly Democrats Daniel Benson, Joseph Lagana, Gabriela Mosquera and Timothy Eustace to revise current law in an effort to train agents of money transmitters how to properly recognize financial abuse and exploitation of elderly residents.

The bill (A-3948) revises the “New Jersey Money Transmitters Act” to require money transmitters to provide to their authorized delegated training materials on how to also respond appropriately if the delegate suspects that the delegate is being asked to engage in the business of money transmission for a transaction in which an elder adult is the victim of financial abuse or exploitation.

“Any agent handling financial transactions for elderly clients should be vigilant of scams and abuse aimed to entrap seniors,” said Benson (D-Mercer, Middlesex). “These crimes are the most devastating to the peace of mind, health and sometimes welfare of New Jersey’s seniors.”

Phil Stilton is the Editor and Publisher of Shore News Network, an independent digital newsroom providing original reporting on New Jersey, national news, government, public policy, public safety, courts, and community affairs.

As founder of the publication, Stilton leads editorial strategy, investigative reporting, and daily newsroom operations while overseeing coverage that reaches millions of readers annually.

With extensive experience covering municipal government, county government, state legislatures, elections, law enforcement, emergency management, and public records, Stilton specializes in translating complex government actions into clear, factual reporting. His work frequently relies on primary source documents, including court filings, legislation, public meeting records, election finance disclosures, government databases, police reports, and Freedom of Information and Open Public Records Act (OPRA) requests. He has reported extensively on local government accountability, taxpayer spending, campaign finance, public corruption investigations, infrastructure, public safety, and the policies affecting New Jersey residents.

Under Stilton's editorial leadership, Shore News Network has grown into one of New Jersey's largest independent digital news organizations, publishing thousands of original news articles each year while providing breaking news coverage, investigative reporting, and analysis across state and local government. The publication's reporting is routinely sourced from official government agencies, public officials, court records, and firsthand documentation, with a commitment to transparency, attribution, corrections when warranted, and clearly distinguishing factual reporting from opinion.

Stilton's journalism follows established newsroom standards emphasizing accuracy, verification, fairness, and accountability. Every effort is made to verify information through official records and multiple reliable sources before publication. His reporting is intended to provide readers with timely, well-documented information that helps them understand the issues affecting their communities, while maintaining editorial independence from political parties, government agencies, advocacy organizations, and commercial interests.

Readers can submit story tips, corrections, public records, or media inquiries through the official Shore News Network website or its verified social media channels. Shore News Network welcomes corrections and updates when new information becomes available as part of its ongoing commitment to accurate and transparent journalism.

Don't Miss

Exit mobile version