Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER 96-Year-Old Victim Caregiver Allegedly Stole Over $53,000 Victim’s Family Discovers Theft After Victim’s Death Statistics show that the risk of financial elder abuse increases as we age; that is, a 90-year-old person is at greatest risk, say, than a 70-year-old.  Of course, the statistics are not surprising as […]

ATTORNEY NEWSLETTER Financial Elder Abuse Of Seniors Signs Of Financial Exploitation Social, Physical And Behavioral Clues As we age, we may grow dependent on the help of others.  The process may be gradual or sudden (as after a stroke or accident).  Either way, increased dependence on others opens up the […]

ATTORNEY NEWSLETTER Criminal And Civil Penalties Examples Of Power Of Attorney Abuse Enhanced Remedies For Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over medical decisions and […]

ATTORNEY NEWSLETTER Senior Investors Allegedly Bilked Out of $ 800,000 Broker Allegedly Hid Stolen Money In Wife’s Account Multiple Complaints Of Misappropriated Funds Filed One of life’s sad truths is that whenever someone has access to someone else’s money there is a risk of fraud or theft.  This reality is […]

ATTORNEY NEWSLETTER Defendants Accused Of Running $12 Million Ponzi Scheme 50 Reported Victims Include Many Seniors Victims Lost Retirement Savings Seniors may often be the targets in investment fraud schemes.   Promoters and financial advisors touting fraudulent schemes may lure older investors with supposed “opportunities” promising high returns, seizing on senior […]

ATTORNEY NEWSLETTER 73-Year-Old Disabled Victim Caregiver Allegedly Repeatedly Overpaid Herself Confused Victim Paid Caregiver Multiple Times For Same Hours Dishonest caregivers will take advantage of any impairment they perceive in the patients they’re paid to care for.  One primary impairment as patients age is their memory; while seniors may continue […]

ATTORNEY NEWSLETTER 95-Year-Old Victim Spots Suspicious Charges Unauthorized Purchases Include Trips Charged With 30 Felonies Of Unauthorized Credit Card Use Seniors are at risk of financial elder abuse from many different directions but sadly one of the most recurring is abuse by dishonest caregivers working in a senior’s own home.  […]

ATTORNEY NEWSLETTER California Attorney General Lists Warning Signs Identifying And Reporting Act On Any Suspicion Of Abuse Elder Abuse is a prevalent and widespread issue across the country that threatens vulnerable members of our communities. In California alone, there are more than 200,000 reported cases of elder and dependent adult […]

ATTORNEY NEWSLETTER Steps To Protecting Seniors Adding A Trusted Contact To Financial Accounts How To Place A Hold On Accounts The Financial Industry Regulatory Authority (FINRA) is a non-governmental entity that governs the financial industry from within.  FINRA polices member investment firms for compliance with regulations meant to ensure integrity […]

ATTORNEY NEWSLETTER Insurance Agent Diversion Of Funds Dishonest Agent Accesses Accounts Former Employees Alerted Authorities Of Irregularities Financial elder abuse causes billions of dollars of losses to older Americans and their families every year.  In many cases, the results are devastating.   All seniors are potential victims to financial predators, including […]