ATTORNEY NEWSLETTER Understanding Fixed Indexed Annuities Fees And Complicated Return Calculations  Lengthy Surrender Periods  Agents who sell deferred annuities like fixed indexed annuities to seniors receive a commission as high as 10% on the sale. Fixed indexed annuities are sold during times of volatile markets as offering security against falling […]

ATTORNEY NEWSLETTER 1500 Unauthorized Transactions Discovered By Authorities Caregiver Accessed Retirement, Checking And Savings Accounts Elderly Husband And Wife Suffer From Alzheimer’s Unscrupulous caregivers with access to a senior’s bank account information can, if undetected, execute unauthorized transfers and withdrawals and forge checks to drain those accounts for themselves.  Seniors […]

ATTORNEY NEWSLETTER Government Charges Defendant Ran Scheme For Nine Years Victims Primarily Elderly Investors False Promise Of Guaranteed Income And Other Misrepresentations Financial elder abuse can strike a particular senior citizen or can be a largescale fraud striking numerous elderly victims such as investment fraud like a Ponzi scheme, where […]

ATTORNEY NEWSLETTER Allegations Of False Authorizations For Expensive Prescription Drug Alleged Kickbacks To Prescribing Physicians And Office Staff Former Employee To Receive $2.5 Million Reward The largest kind of fraud against the federal government occurs within the health care sector, primarily under government-sponsored programs like Medicare, Medicaid (Medi-Cal in California), […]

ATTORNEY NEWSLETTER Unsuitable Insurance For Seniors Questionable Sales Tactics Red Flags For Consumers Insurance companies may offer commissions as high as 10 percent to agents to sell products like long-term deferred annuities to senior citizens. In this environment, consumers should arm themselves with information to protect their interests. Evans Law Firm, […]

ATTORNEY NEWSLETTER Tips On Hiring In-Home Caregivers Use A Bonded Agency Spotting And Stopping Caregiver Fraud Whenever a stranger enters an isolated senior’s home there is a very real risk of financial elder abuse.  This is especially true when the stranger is a caregiver, who may be in the home […]

ATTORNEY NEWSLETTER Understanding The Disadvantages Of Universal Life Insurance Six Issues To Consider Always Get A Second Opinion Evans Law Firm, Inc. generally cautions against universal life insurance and deferred annuities for senior consumers because these insurance products are expensive, complicated, and tie up invested money for long periods of […]

ATTORNEY NEWSLETTER Two Dementia Patients Injured By Assault Aide Seen Pushing Two Patients To The Ground On Surveillance Footage Charges Of Felony Elder Abuse California requires special qualifications for facilities taking care of dementia sufferers.  See, e.g., Cal. Code of Regulations § 87705 et seq.  Despite the regulations, some care […]

ATTORNEY NEWSLETTER IRS Whistleblower Rewards Increasing Targeting Off-Shore Tax Avoidance Whistleblowers’ Estates Can Pursue Claims The Internal Revenue Service (IRS) rewards people who blow the whistle on corporations who fail to pay the tax that they owe.  I.R.C. § 7623(b).  In fiscal year 2020, the IRS issued over $86 million […]

ATTORNEY NEWSLETTER Senate Judiciary Committee To Vote On Amendments Amendments Would Strengthen The False Claims Act  Private Citizens Recover Billions For Government The federal False Claims Act (FCA), 31 U.S.C. § 3729 et seq., rewards individuals who help the government recover money lost to businesses and individuals as a result […]