Category: Elder Financial Abuse

ATTORNEY NEWSLETTER How Powers Of Attorney Used To Steal From Seniors Case Example of Theft of Senior’s Benefit Payments Remedies For Victim’s Heirs Individuals with financial powers of attorney (POAs) for someone else have full legal authority over that person’s financial affairs, unless the instrument limits their power in some […]

ATTORNEY NEWSLETTER Caregiver Fraud And Theft Alleged Authorities Say Caregiver Had Prior Criminal History Fraud Detected After Elder’s Death Financial elder abuse has become a national epidemic. As many as one in 10 vulnerable adults are potential targets, according to federal officials, and their financial predators are most often caregivers […]

ATTORNEY NEWSLETTER The Risks Of Financial Elder Abuse By Dishonest Caregivers Case Example Remedies For Injured Seniors And Their Families Many older Californians and their families elect to remain in their homes when they age and hire in-home caregivers to assist them when they can no longer care for themselves.  […]

ATTORNEY NEWSLETTER Victim’s Pension and Social Security Benefits Redirected Online Access To Change Deposit Instructions Protecting Loved Ones From Financial Elder Abuse Anonymous online access to pension or Social Security benefit profiles or phone impersonations of seniors are frequent ploys by caregivers intent on stealing from unsuspecting older persons. Whenever […]

ATTORNEY NEWSLETTER Avoid The Sales Hype Around Annuities Long-Term Contracts Are Costly To Exit Commissions And Fees Diminish Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in fact […]

ATTORNEY NEWSLETTER Over $1 Million Taken Fraudulent Checks And Phony “Gifts” Remedies For Seniors And Their Heirs Older persons lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. The true figure is likely much, much higher as […]

ATTORNEY NEWSLETTER Caregiver Sentenced For Fraud On Senior Altered Paychecks And Submitted Fraudulent Timesheets Protecting Older Loved Ones From Financial Abuse Whenever a dishonest stranger or caregiver enters an elderly person’s home, jewelry and other valuables, and checks and credit cards can disappear quickly.   It may happen only once but […]

ATTORNEY NEWSLETTER Lenders Cannot Cross-Sell Annuities Watch For Illegal Sales Tactics Remedies For Injured Seniors California seniors with substantial equity and significant appreciation in their homes but fixed incomes may be approached by lenders to consider getting cash by taking out a reverse mortgage on their home.  The title “reverse […]

ATTORNEY NEWSLETTER 81-Year-Old Victim Victim Entrusted Caregiver To Pay His Bills Authorities Allege Caregiver Stole Thousands The consequences of financial elder abuse on senior victims can be devastating.  Some elderly victims are driven to the brink of homelessness due to lack of funds to pay their rent.  There are instances […]

ATTORNEY NEWSLETTER Elderly Victim Suffers Financial And Physical Abuse Caregiver Accused Of Assaulting Elderly Patient Protecting Older Loved Ones Physical abuse or neglect of an elder is often coupled with financial abuse, as the allegations in one reported case, discussed below, reveal.  Greedy caregivers, intent on stealing a senior or […]