Monthly Archives: January 2020

ATTORNEY NEWSLETTER Full and Partial Surrenders or Cancellations of Nationwide Life and Annuity Insurance Company Annuities Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues fixed indexed annuities in California under the trade names Nationwide New Heights©, Nationwide High Point 365 ©, and Nationwide High […]

ATTORNEY NEWSLETTER When Financial Predators Strike Taking Advantage Of Isolation And Cognitive Impairment Caregivers With Access To The Check Book Our litigators see a sadly familiar pattern in financial elder abuse cases: an elderly person’s spouse of many years dies and the survivor is left alone. Enter a stranger or […]

ATTORNEY NEWSLETTER Fatal Caregiver Abuse Decedent Lived in Residential Care Facility Caregiver abuse of the elderly and other dependent adults can be deadly. A criminal prosecution is proceeding right now in Southern California[1] against a caregiver charged with the alleged torture and murder of an 87-year-old man living in a […]

ATTORNEY NEWSLETTER Ponzi Schemes Increasingly Target Older Investors After years of savings and with the children educated and on their own, seniors should take comfort in a nest egg for future years. But unscrupulous brokers, insurance agents and stock promoters target seniors for just the same reason – there’s money […]

ATTORNEY NEWSLETTER Reflections on Martin Luther King Day Why Martin Luther King Day Is Important For Seniors Today, we celebrate Martin Luther King Jr. Day in honor of the man who transformed America and gave his life to make this country a better place for all people, regardless of race or creed […]

ATTORNEY NEWSLETTER Blowing the Whistle on Bank Fraud Fraud Under The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 How To Report Bank Fraud The government rewards whistleblowers who aid prosecutors in going after fraud. A number of agencies maintain whistleblower programs but when the fraud is related to […]

ATTORNEY NEWSLETTER Avoid The Push Toward Annuities Insurance Agents and Banks Earn Commissions on Sales America has been in a low-interest-rate economy for years and returns on Certificates of Deposit, bonds and money market funds have been on the low side for some time.  Now bank rates and bond interest […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Wants Whistleblower Help Commission Issues Large Rewards Fraud in Trading Gold, Virtual Currencies and More The U.S. Commodity Futures Trading Commission (CFTC) oversees precious metal trading, and trading in other commodities, futures and options, derivatives, and virtual currency (like Bitcoin) trades. The CFTC rewards […]

ATTORNEY NEWSLETTER United States Department of Justice Prosecuting Financial Elder Abusers Recent Scheme Victimized Senior Veterans Identify Theft and Unauthorized Withdrawals from Veterans’ Bank Accounts Seniors are increasingly victims of financial elder abuse more than any other form of elder abuse throughout California and the United States as a whole. […]

ATTORNEY NEWSLETTER Internal Revenue Service Rewards Whistleblowers Over $312 Million in IRS Whistleblower Rewards Last Year IRS Targets Offshore Tax Avoidance Last year the Internal Revenue Service (IRS) created a task force of agents dedicated exclusively to international tax enforcement as part of the IRS criminal investigations unit. When it […]