ATTORNEY NEWSLETTER Seniors: Watch Out for Stockbroker Fraud If You’re a Victim, We Can Help Unscrupulous stockbrokers prey on seniors in particular. After all, seniors hold 1/3 of the nation’s wealth. Seniors may also be more receptive to higher return opportunities in a low interest rate environment.  Be careful.  Stockbroker […]

ATTORNEY NEWSLETTER Court-Appointed Fiduciaries Wield Great Power Potential for Abuse of Power Court-appointed conservators and other fiduciaries (such as guardians or trustees) wield enormous power over the dependent individuals and properties they are appointed to manage and protect. Court appointments supersede earlier Powers of Attorney, trustee nominations and the like […]

ATTORNEY NEWSLETTER Annuity Scams Targeted At Seniors Annuity Fraud On average, a senior victimized by financial elder abuse loses over $140,000. That level of monetary loss is devastating.  Unscrupulous insurance agents are among the financial predators on seniors, selling them unsuitable annuities and life insurance that line agents’ pockets with […]

ATTORNEY NEWSLETTER Financial Industry Whistleblowers The Government’s Whistleblower Program and Awards Government prosecutors need your help in prosecuting financial fraud and will reward you if your information leads to a recovery. The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) and Financial Institutions Anti-Fraud Enforcement Act of 1990 […]

ATTORNEY NEWSLETTER Caregivers and Physical and Financial Elder Abuse A caregiver is a person who takes care of the daily needs of a person who cannot take care of themselves. The relationship is personal and sadly conducive to caregiver abuse and fraud.  The abuse may include physical and emotional abuse […]

ATTORNEY NEWSLETTER Genworth Life and Annuity Insurance Company Whole Life Insurance If you are over age 60, live in California, and have cancelled (or surrendered) a whole or universal life insurance policy issued by Genworth Life and Annuity Insurance Company where you lost or may have lost money, contact the […]

ATTORNEY NEWSLETTER Preventing Fraud and Abusive Practices Always Check Backgrounds Before You Buy Hopefully, you already check the backgrounds of any contractors or caregivers or others you let in your home to do work. Checking the background of anyone trying to sell you an investment is equally important!  The Securities […]

ATTORNEY NEWSLETTER False Claims Act Cases Against Healthcare Industry Government Announces Another Large Whistleblower Settlement With help from whistleblowers, the government pursues companies and contractors who defraud the government with false claims for payment or reimbursement. The majority of false claims come from the healthcare industry. Typically, whistleblowers initiate recovery […]

ATTORNEY NEWSLETTER Beware Fixed Index Annuities Phantom Bonuses With over $200 billion in annual sales the annuity industry is big business. Annuities come in a variety of forms, all of which are complex.  Indexed annuities (sometimes branded “fixed indexed annuities”) are particularly complex.  Agents push them in volatile markets, claiming […]

ATTORNEY NEWSLETTER Market Manipulation and Pump and Dump Schemes Fraudulent Schemes Often Target Seniors Coordinated securities fraud schemes can involve concealed offshore accounts, fake news press releases, high-pressure (“boiler room”) sales calls, pump and dump maneuvers, money laundering, and more. Schemers target seniors because seniors have more money to invest […]