Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Financial elder abuse – The Monterey County District Attorney recently announced that a 29 year-old Monterey area man has been sentenced to four years in prison.  The defendant was sentenced for financial elder abuse.  The defendant trolled for victims in California while posing as a licensed contractor.  Monterey […]

ATTORNEY NEWSLETTER Financial elder abuse – The Los Gatos police department recently took a report from an elderly victim of a sweepstakes scam.  The elderly victim was allegedly defrauded out of large sums of money by suspects whose identities are unknown at this time.  The elderly victim reported being defrauded […]

Financial theft and fraud hits elderly Californians hard, often wiping out checking and savings accounts, taking over assets, and claiming property or even financial control. On average, seniors fall victim to investment fraud, credit card fraud, or identity theft, losing close to $3 billion each year. The attraction of seniors’ […]

ATTORNEY NEWSLETTER An ex-broker for Wells Fargo and Morgan Stanley has been indicted for fraud.  The ex-broker is accused of defrauding an elderly client out of $1.8 million dollars because he forged checks on her accounts.  He was a San Francisco based advisor.  California securities stockbroker fraud lawyers warn that […]

ATTORNEY NEWSLETTER A caregiver has been charged with murder and a special circumstance allegation of murder for financial gain in connection with the presumed death of an 89 year-old senior victim in San Diego.  Gerald Rabourn, the senior victim, disappeared in October of 2010.  His body has never been found, […]

ATTORNEY NEWSLETTER There was a Government Affairs Forum at the Arcadia Chamber of Commerce highlighting elder abuse earlier this month.  49th District Assemblyman Ed Chau spoke about the elder abuse legislation that he recently filed.  According to Assemblyman Chau and Arcadia elder abuse attorneys, we are seeing more instances of […]

Elder financial abuse is a growing epidemic in the state and around the country, annuity fraud lawyers in California report. Unfortunately, many older people have no one to protect their well being, both physically and financially, and are often susceptible to outside parties who want to embezzle money, take over […]

ATTORNEY NEWSLETTER A Bay Area couple was recently charged with elder abuse and accused of embezzling more than $800,000 from an elderly victim.  The couple took advantage of an elderly victim after the death of his wife left him emotionally vulnerable.  The money was spent on a variety of things, […]

ATTORNEY NEWSLETTER Three nursing homes in East Bay, California, have been forced to pay high penalties for their hand in the deaths of three facility residents. The nursing homes have been cited for providing poor care for their residents, and for failing to maintain safe environments for residents. Alameda county […]

ATTORNEY NEWSLETTER A recent study conducted by the United States Government Accountability Office analyzes the different forms of elder financial exploitation, and what methods federal agencies can employ to best deal with this problem. According to Marin County financial elder abuse lawyers, the GAO study indicates that the federal government […]