Category: Elder Financial Abuse

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 Unscrupulous Stockbrokers Prey on Elderly Recently, a large national stockbrokerage discharged two veteran brokers for financial elder abuse of senior customers.[1]  One broker talked the senior into naming the broker’s children as beneficiaries on the senior’s account and the other accepted unauthorized instructions from a third party to […]

ATTORNEY NEWSLETTER The Terrible Danger of Caregiver Overdosing A silver picture frame is missing, a gold bracelet is gone, bank accounts hemorrhage cash, a frightened senior suddenly changes her Will. Talk to anyone who’s hired a caregiver for an older loved one – theft and abuse are always a worry. […]

ATTORNEY NEWSLETTER Be Wary of Variable Annuities Don’t Be Blindsided In Your Search For Higher Returns In our current low-interest rate environment, insurance agents and retirement planners push variable annuities as a way to get more bang for your buck when it comes to retirement savings. Be very careful.  These […]

ATTORNEY NEWSLETTER Learn to Watch for Signs of Elder Abuse Stay Alert: Protect Yourself and Loved Ones Elder abuse comes in many forms from many corners. Seniors are vulnerable to financial elder abuse, abandonment, physical abuse, nursing home abuse, sexual abuse, and emotional/psychological abuse[1].  Our San Francisco and California elder […]

ATTORNEY NEWSLETTER Financial Elder Abuse Strikes in San Mateo County An East Palo Alto man was recently charged with check fraud and financial elder abuse of a 74- year-old county resident. [1]  The story reveals just how vulnerable seniors can be and how fast a criminal can prey on an […]

ATTORNEY NEWSLETTER Be Wary of Annuities Don’t Be Blindsided In Your Search For Higher Returns Banks sell a lot of annuities. Bank customers grumble at low interest rates on bank deposits and CDs and banks want to keep their customers happy.  So many bank officers and service reps steer disappointed […]

ATTORNEY NEWSLETTER Financial Exploitation of Seniors Stay Alert: It Can Happen to Anyone Recently, a former California State Assemblywoman shared at an elder abuse symposium that she had been a victim of financial elder abuse.[1]  She told her story to raise awareness that financial elder abuse does not discriminate among […]

ATTORNEY NEWSLETTER Financial Exploitation of Seniors Stay Alert and Look for Warning Signs of Financial Abuse The best protection against financial elder abuse of your senior loved one is an active, strong support system protecting them from exploitation. Stay involved and maintain an ongoing conversation about the elder’s financial and […]

ATTORNEY NEWSLETTER Liability for Misinformation A classic type of securities fraud is when advisors/sellers lure investors into transactions with fraudulent statements or misinformation. When the advisor is the author of the fraudulent statement, liability is clear.  When the advisor merely passes along a fraudulent statement made by another, liability is […]