Yearly Archives: 2024

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud 86-Year-Old Victim Protecting Older Loved Ones From Caregiver Fraud Never hand an ATM/debit card or credit card to a caregiver and ask them to go get cash or make purchases.  Never give out any PIN numbers. Never give a caregiver or other person […]

ATTORNEY NEWSLETTER Allegeations of Improper Patient Evaluation Codes Former General Manager Blew Whistle Starting Qui Tam Cases 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 recoup funds paid out on fraudulent claims.  […]

ATTORNEY NEWSLETTER Disadvantages For Older Consumers Costly, Complex Contracts Withdrawals Penalties, Commissions And Fees Deferred annuities are extremely complicated insurance contracts sometimes running to 50-100 pages of technical language and actuarial tables. Seniors are often targeted by insurance agents with proposals for deferred annuities.  Evans Law Firm, Inc. generally recommends against […]

ATTORNEY NEWSLETTER Case Example 85-Year-Old Victim Protecting Older Loved Ones Online account access and unauthorized use of debit and credit cards are two of the most widely seen kinds of theft from older persons.  The perpetrator of such theft is often a dishonest caregiver with in-home access to an elderly […]

ATTORNEY NEWSLETTER Disadvantages For Older Consumers Expensive And Illiquid Contracts Limits On Returns Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency, and are illiquid (meaning it is costly to get your money back). […]

ATTORNEY NEWSLETTER Elderly Woman Removed From Assisted Care Facility Caregiver Accused Of Adding Her Name To Accounts Victim’s Child Notified Authorities Of Suspicious Activity According to FBI and National Institute of Justice statistics, as many as one in 10 seniors are victims of financial elder abuse.  Their financial predators are […]

ATTORNEY NEWSLETTER Expensive, Long-Term Insurance Policies Difficult To Exit Commissions, Annual Fees And Low Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in fact deferred annuities, like fixed […]

ATTORNEY NEWSLETTER Money Missing From Senior’s Bank Accounts “Gifts” And Multiple Fraudulent Checks Alleged Protecting Older Loved Ones As many as one in 10 vulnerable adults are potential targets, according to federal officials, and their financial predators are most often caregivers or other persons with access to their victims’ financial […]

ATTORNEY NEWSLETTER 71-Year-Old Victim Of Caregiver Fraud $53,000 In Unauthorized Checks And ATM Withdrawals Protecting Older Loved Ones Theft by unauthorized ATM withdrawals is an all too frequent form of financial abuse on the elderly. Never hand an ATM/debit card or credit card to a caregiver and ask them to […]

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Seniors Getting Out Of A Contract Is Expensive Sales Commissions, Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, […]