Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Polices Bitcoin Trading Enforcement Action Charges Broker With False Representations  Customers Lose $7.4 Million In Bitcoin Investments On October 2, 2020, the U.S. Commodity Futures Trading Commission (CFTC) ordered a broker to pay $7.4 million[1] in restitution to two investors for making fraudulent representations […]

ATTORNEY NEWSLETTER Financial Advisor Embezzles $8 Million From Structured Settlement Funds Thirteen Individuals Swindled Out Of Annuity Funds Severely Disabled Child Among Victims Structured settlements operate essentially like annuities paying out an income stream from a fund of money set aside for that purpose.  Structured settlements are often  used for […]

ATTORNEY NEWSLETTER Learn About Some Red Flags OF Abuse Recurring Patterns In Elder Abuse Act On Any Suspicion Elder financial abuse affects thousands of seniors here in California every day.  Their financial predators may vary from in-home caregivers to insurance agents and stockbrokers and on to trustees, financial advisors, and […]

ATTORNEY NEWSLETTER Coronavirus Compounds Problems For Elderly  Ageist Sentiments Growing Alarming Surge In Elder Abuse Older adults have been hit hard by COVID.  The mortality rate for persons in their 70s and 80s is  over five times that of younger persons who catch the virus. Even safety protocols work against […]

ATTORNEY NEWSLETTER The Risk Of Hiring Unlicensed Caregiver Off Craigslist Caregiver Writes Unauthorized Checks Buys Herself, Daughter Cars With Senior’s Money References and background checks of persons hired as in-home caregivers are two important steps when a senior needs in-home care.  The risks of what can go wrong when a […]

ATTORNEY NEWSLETTER Misuse Of Financial Powers Of Attorney Agents May Exceed Authorized Powers  Understand The Extent Of An Agent’s Authorization Powers of Attorney (POAs) are important estate planning tools for everyone, especially the elderly.  Powers can cover financial matters and also health matters.  Standard forms are set out in California […]

ATTORNEY NEWSLETTER Access To Accounts Is First Step Impersonating Senior Online And Over Phone One In Five Older Americans Are Victims Of Financial Abuse Isolated seniors can be financially exploited by almost anyone but our litigators see in-home caregivers very frequently as the abusers.  Typically, the caregiver starts out slowly […]

ATTORNEY NEWSLETTER Financial And Physical Elder Abuse With Tragic End Body Of 72-Year-Old Senior Found Caregiver Arrested On Allegations Of Abuse And Forgery Sadly far too often, news stories appear of the most gruesome and shocking accounts of elder abuse.  In a case[1] reported just days ago, authorities arrested a […]

ATTORNEY NEWSLETTER Isolation Protects Seniors From Virus But Exposes Them To Other Risks Isolation Increases Vulnerability To Abuse Elder Abuse Cases Rising Throughout California During Pandemic Many seniors have elected to self-isolate to protect themselves from COVID-19.  For institutionalized seniors the isolation is enforced by nursing homes and facilities. Protection […]

ATTORNEY NEWSLETTER Analyze Costs Before You’re Sold An Annuity Penalties On Withdrawals Consult With Your Tax Advisor Before Any Annuity Transaction Whenever an agent approaches you to consider a deferred annuity, if you’re a senior think long and hard about the costs buried in annuities.  Below, we analyze costs more […]