Yearly Archives: 2024

ATTORNEY NEWSLETTER 93-Year-Old Victim Check Fraud Allegations Protecting Older Loved Ones The Office of Comptroller of the Currency recently reported that in 2022 there were 680,000 claims of suspected check fraud in the United States, more than double the number reported in the previous year.  Although any person can be […]

ATTORNEY NEWSLETTER Defendants Allegedly Failed To Fulfill Cybersecurity Requirements Former Employee Blows Whistle Over $1.9 Million Reward For Whistleblower Fraud against the government costs taxpayers billions every year and the majority of fraudulent claims submitted to the government for payment arise from the healthcare sector.  To combat this fraud, private […]

ATTORNEY NEWSLETTER Some Recommended Rules From Financial Advisors Financial elder abuse is an especially disastrous form of abuse of seniors, and millions of seniors are victims of financial elder abuse every year in this country.  Senior victims of financial elder abuse are frequently targets of abuse from the very people […]

ATTORNEY NEWSLETTER Fixed And Indexed Annuities Disadvantages For Seniors Surrender Penalties And Fees Deferred annuities are marketed in a variety of different product names by numerous life insurance carriers. The two primary types are fixed and indexed contracts, with many blends of both the “fixed” and “indexed” characteristics in between.  […]

ATTORNEY NEWSLETTER Prison Sentence And Restitution Ordered Forged And Altered Checks And Unauthorized Credit Card Charges Victim Forced To Sell Home While most financial elder abuse starts out relatively small, the amounts stolen grow over time as the predator gets away with his or her theft.  Caregivers and family members […]

ATTORNEY NEWSLETTER Alleged False Claims For Uninsured Medical Testing And Treatments Patient Blew Whistle On False Claims Whistleblower To Receive Over $2M As Reward Private citizens bring cases in federal courts throughout the country under the False Claims Act, (“FCA”), 31 U.S.C. § 3729 et seq, to help the government […]

ATTORNEY NEWSLETTER Caregiver Entrusted To Pay Victim’s Bills Unpaid Rent Leads To Eviction Caregiver Allegedly Stole Thousands While most financial elder abuse starts out relatively small, the amounts stolen grow over time as the predator gets away with his or her theft.  Left undetected, financial elder abuse can go on […]

ATTORNEY NEWSLETTER Theft From Seniors By Misuse of Powers of Attorney Case Example Remedies For Victims of Power of Attorney Misuse Financial powers of attorney (POAs) are important legal instruments that grant full legal authority over a person’s financial affairs, unless the POA expressly limits the appointed agent’s power in […]

ATTORNEY NEWSLETTER What Are Payable On Death Beneficiary Designations? Importance Of Keeping Designations Current Case Example Of What Can Go Wrong A payable on death (POD) beneficiary designation is a way to name a beneficiary who will automatically receive the assets of a bank, retirement, or other investment account or […]

ATTORNEY NEWSLETTER Older Customers Targeted in Ponzi Scheme Severe Losses For Older Investors Warning Signs Of Investor Fraud Seniors are often targets of Ponzi schemes, where money collected from new investors is used to pay existing investors, and there really is no actual investment of funds. Like the infamous Bernie […]