The FDIC and CFPB have launched a Spanish-language version of their financial literacy training, Money Smart for Older Adults. The free tool is designed to help seniors and their caregivers identify, respond to and prevent financial exploitation, which affects millions of senior citizens each year. The instructor-led module is designed to be delivered by representatives of financial institutions, adult protective service agencies, senior advocacy organizations and law enforcement. "We know that senior citizens are increasingly targeted for financial exploitation," said FDIC Chairman Martin Gruenberg. "This tool adds a new resource to help Spanish-speaking seniors prevent, respond to, and report abuse."