Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Some Recommended Rules From Financial Advisors Financial elder abuse is an especially disastrous form of abuse of seniors, and millions of seniors are victims of financial elder abuse every year in this country.  Senior victims of financial elder abuse are frequently targets of abuse from the very people […]

ATTORNEY NEWSLETTER Prison Sentence And Restitution Ordered Forged And Altered Checks And Unauthorized Credit Card Charges Victim Forced To Sell Home While most financial elder abuse starts out relatively small, the amounts stolen grow over time as the predator gets away with his or her theft.  Caregivers and family members […]

ATTORNEY NEWSLETTER Caregiver Entrusted To Pay Victim’s Bills Unpaid Rent Leads To Eviction Caregiver Allegedly Stole Thousands While most financial elder abuse starts out relatively small, the amounts stolen grow over time as the predator gets away with his or her theft.  Left undetected, financial elder abuse can go on […]

ATTORNEY NEWSLETTER Theft From Seniors By Misuse of Powers of Attorney Case Example Remedies For Victims of Power of Attorney Misuse Financial powers of attorney (POAs) are important legal instruments that grant full legal authority over a person’s financial affairs, unless the POA expressly limits the appointed agent’s power in […]

ATTORNEY NEWSLETTER What Are Payable On Death Beneficiary Designations? Importance Of Keeping Designations Current Case Example Of What Can Go Wrong A payable on death (POD) beneficiary designation is a way to name a beneficiary who will automatically receive the assets of a bank, retirement, or other investment account or […]

ATTORNEY NEWSLETTER Older Customers Targeted in Ponzi Scheme Severe Losses For Older Investors Warning Signs Of Investor Fraud Seniors are often targets of Ponzi schemes, where money collected from new investors is used to pay existing investors, and there really is no actual investment of funds. Like the infamous Bernie […]

ATTORNEY NEWSLETTER Agency To Pay $100,000 Fine District Attorney Says Thousands Stolen From Patient Importance Of Background Checks<h3> Before you ever let a stranger into a senior’s home as a caregiver or in other capacity to work in the home, conduct your own background check on the individual.  Ask for […]

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud 86-Year-Old Victim Protecting Older Loved Ones From Caregiver Fraud Never hand an ATM/debit card or credit card to a caregiver and ask them to go get cash or make purchases.  Never give out any PIN numbers. Never give a caregiver or other person […]

ATTORNEY NEWSLETTER Case Example 85-Year-Old Victim Protecting Older Loved Ones Online account access and unauthorized use of debit and credit cards are two of the most widely seen kinds of theft from older persons.  The perpetrator of such theft is often a dishonest caregiver with in-home access to an elderly […]

ATTORNEY NEWSLETTER Elderly Woman Removed From Assisted Care Facility Caregiver Accused Of Adding Her Name To Accounts Victim’s Child Notified Authorities Of Suspicious Activity According to FBI and National Institute of Justice statistics, as many as one in 10 seniors are victims of financial elder abuse.  Their financial predators are […]