ATTORNEY NEWSLETTER SEC Penalizes Firm $500,000 Alleged Lack Of Supervision And Compliance Failures Broker Stole From 98 And 86-Year-Old Clients Investment firms have a responsibility for supervising brokers and advisors for securities law compliance and also for potential financial elder abuse of older clients.  A recent fine imposed by the […]

ATTORNEY NEWSLETTER Accused of Befriending Elder Customer To Exploit Him Financially Alleged Efforts To Defraud Man Out of Hundreds Of Thousands Third-Party Investigation Continuing We often write about how seniors may be financially exploited from all kinds of persons – caregivers, insurance agents, stockbrokers, financial advisors, trustees, persons with power […]

ATTORNEY NEWSLETTER Connecticut Jury Awards Families $965 Million On Wednesday, a Connecticut jury ordered conspiracy theorist and Infowars radio host Alex Jones and the parent company of his Infowars website to pay nearly $1 billion to eight families of children shot to death at Sandy Hook Elementary School in December […]

ATTORNEY NEWSLETTER Former Marketing Employee Beings Case Alleged Kickbacks To Hospitals And Physicians Whistleblower To Receive $11 Million From Settlement Federal law authorizes private citizens to bring suits against businesses defrauding the government. False Claims Act, (“FCA”), 31 U.S.C. § 3729 et seq.  Every year in this country, individuals bring […]

ATTORNEY NEWSLETTER Accused Of Misappropriating Millions Seniors Among Victims Money Allegedly Spent At Porsche Dealership And On Rent With inflation surging, retired Americans are understandably concerned about how their fixed incomes will cover future expenses. Dishonest financial advisors and brokers capitalize on this anxiety to offer investment “opportunities” paying higher […]

ATTORNEY NEWSLETTER Schemes Undetected For Years  False Cover-Ups To Hide Abuse Forged Checks And Unauthorized Credit Card Use Whenever another person is in charge of someone else’s money there’s a risk of theft.  This is especially true for older persons who entrust someone else to handle their finances. Given the […]

ATTORNEY NEWSLETTER Caregiver Faces Assault Charges 79-Year-Old Victim Required Medical Attention Local Police And State Authorities Investigate Assault, including sexual assault and rape, are tragically a real risk in elderly care facilities.  The reported incidents are horrifying. While the authorities may bring criminal prosecutions for these incidents, victims and their […]

ATTORNEY NEWSLETTER Wrote Victims’ Checks To Herself Zelle Transfers To Her Own Account Online Payments For Caregiver And Husband Often a dishonest caregiver with access to a senior’s cash or bank accounts steals in relatively small amounts.  If the caregiver believes he or she is getting away with their theft, […]

ATTORNEY NEWSLETTER Indexed Annuity Downsides Surrender/Withdrawal Penalties, Commissions And Fees Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggest an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Evans Law Firm, Inc. generally recommends against deferred annuities for […]

ATTORNEY NEWSLETTER Forms Of Elder Abuse  Signs Of Neglect And Abuse Protecting Older Loved Ones From Abuse And Neglect The most common types of abuse are physical, emotional, financial, and verbal. The National Council on Aging says up to five million older Americans are abused yearly, and the annual loss by victims […]