Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Case Example Falsifying Checks And Timesheets Protecting Seniors From Fraud All seniors are at risk of financial elder abuse, but those seniors living at home under the care of an in-home caregiver are at an increased risk of financial elder abuse because they have a stranger in their […]

ATTORNEY NEWSLETTER Recent Arrest Of Facility Caregiver For Financial Elder Abuse Unauthorized Debit Card Use Alleged Protecting Older Loved Ones From Financial Elder Abuse Seniors in assisted care or skilled nursing facilities/nursing homes also are at risk of financial elder abuse by dishonest staff members similar to those risks seniors […]

ATTORNEY NEWSLETTER Alleged Theft By Attorney-in-Fact Dependent Adult Victim Unaware Of Fraud Money Used For Gambling, Hotels And A New Car Misuse of Powers of Attorney (POAs) is always against the law. Probate Code § 4231.5. But when the principal is an elder or dependent adult, the abuse of a […]

ATTORNEY NEWSLETTER 65 Unauthorized Checks On Resident Trust Funds $73,521.68 In Restitution Ordered Six Months Jail Sentence We often write about how isolated seniors, still living in their home but under the care of in-home caregivers, run the risk of financial elder abuse at the hands of the very person […]

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 Older Customers Targeted in Ponzi Scheme Severe Losses For Older Investors Warning Signs Of Investment Fraud Seniors are often targets of various kinds of investment fraud or securities fraud including Ponzi schemes, where money collected from new investors is used to pay existing investors, and there really is […]

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Seniors Exiting Annuity Contracts Is Costly Sales Commissions, Fees, And Withdrawal Penalties Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most deferred […]

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud/Caregiver Theft Bank Noticed Suspicions Activity Protecting Older Loved Ones From Caregiver Fraud While all seniors are potential victims of financial elder abuse, those who are alone and under the care of an in-home caregiver are particularly at risk if the caregiver is a […]

ATTORNEY NEWSLETTER Caregiver Fraud On Elderly Woman Alleged Fraudulent Account Access Alleged Victim’s Family Spots Alleged Theft 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 most often caregivers or other persons in […]

ATTORNEY NEWSLETTER Caregiver Theft Of Pension And Social Security Benefits Alleged Benefit Profiles Changed Online Protecting Older Loved Ones From Caregiver Fraud/Caregiver Theft Dishonest caregivers with unauthorized internet access may gain access to a senior’s pension or Social Security benefit profiles with just a few pieces of important information like […]