Monthly Archives: May 2022

ATTORNEY NEWSLETTER FINRA Senior Exploitation Rules Add Trusted Contact To Account Placing A Hold On Account The Financial Industry Regulatory Authority (FINRA) is a regulatory agency that has been increasingly focused on protecting older Americans from financial elder abuse from advisors and brokers.  FINRA has a set of rules designed […]

ATTORNEY NEWSLETTER Caregiver Given Financial Duties  Family Discovers Alleged Theft During Audit  Claims Money Needed For Kidnap Ransom We cannot stress enough that a caregiver hired to care for an older or dependent person should never be given any financial responsibilities.  Ever.  Even giving a caregiver a credit card to […]

ATTORNEY NEWSLETTER Three Former Patients Blows Whistle On False Billing Allegations Of Billing For Unnecessary Procedures Realtors Will Share $147,250 Reward Private citizens recover more money lost by the government to fraud every year than the government itself recovers through its own enforcement efforts.  Most of the private cases are […]

ATTORNEY NEWSLETTER Unauthorized Annuity Withdrawals Alleged Accused Of Forging Withdrawal Requests Targeted Victims’ Retirement Assets Unscrupulous financial advisors with access to a senior’s funds are in a position to steal, and if the senior is suffering from cognitive impairment or otherwise unable to manage their affairs, the theft may go […]

ATTORNEY NEWSLETTER Horrific Abuse Of Barricaded Patient Two Caregivers Charges With Failure To Report Stories of intentional abuse of dependent adults can be difficult to read.  A few weeks ago, we wrote on one such case where an elderly victim was beaten and left on the floor to die.  Sadly, […]

ATTORNEY NEWSLETTER Be Wary Of Certain Kinds Of Sales Presentations  Understand The Fees And Withdrawal Penalties Avoid Replacement Transactions Deferred annuities are complicated insurance policies with characteristics of life insurance and complex securities investments; contracts run from 50 to 100 pages or more and are filled with technical language and […]

ATTORNEY NEWSLETTER Cash, Checks And Credit Cards Stolen From Patient Rooms Two Prior Convictions For Elder Abuse Allegedly Used Stolen Credit Cards At Multiple Stores Most news reports of financial abuse by caregivers involve in-home caregivers stealing under their patient’s own roofs.  But there is a real danger of financial […]

ATTORNEY NEWSLETTER National Senior Fraud Awareness Day 2022 Isolated Seniors At Greatest Risk Steps For Protecting Seniors Each year, millions of elderly Americans fall victim to some type of financial elder abuse, and the results can be devastating. In response to the rise in financial elder abuse of older Americans, the U.S. […]

ATTORNEY NEWSLETTER Alleged Sexual Abuse Of Elderly Victim In Restroom Charges Of Sexual Assault And Elder Abuse Jury Reaches Guilty Verdict Nursing home residents are at risk of all varieties of elder abuse including sexual assault and rape. Statistics show that 20,000 incidents of sexual abuse, assault and rape in […]

ATTORNEY NEWSLETTER Victims Were All Patients Of Same In-Home Caregiver Attempt To Steal $60,000 For Dental Work Asks Associate To Use Victim Credit Card To Post Bail All seniors are at risk of financial elder abuse, whether living at home or in a nursing home or memory care or assisted […]