Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Ponzi Scheme Targeting Mostly Older Customers Lost Savings And Homes At Risk Of Foreclosure Scheme Lasted Many Years 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 […]

ATTORNEY NEWSLETTER Understand The Disadvantages For Seniors Withdrawal Penalties Make Exiting Policies Costly Fees, Participation Rates And Caps 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 annuities, […]

ATTORNEY NEWSLETTER Bank Card Access Fraudulent Purchases Remedies For Injured Seniors Any wrongful taking of a senior’s property, or any assistance in that taking by a friend or spouse of the dishonest caregiver, is a crime and grounds for civil liability of the person doing the taking and anyone assisting […]

ATTORNEY NEWSLETTER Elderly May Be Victims Of Various Forms Of Abuse How You May Be Able To Spot Neglect And Abuse Protections And Remedies For Victims The National Council on Aging says up to five million older Americans are abused yearly, and the annual loss by victims of financial elder abuse is […]

ATTORNEY NEWSLETTER Numerous Check Forgeries Alleged Elder’s Checking Account Overdrawn Unauthorized Card Charges Discovered We cannot emphasize strongly enough how important it is to keep checks, ATM/Debit cards, and cash away from caregivers or other strangers who enter a senior’s home.  Nor can we stress enough that a senior should […]

ATTORNEY NEWSLETTER Policies Carry High Expenses And Fees Withdrawal Penalties Lock You In Investment Risk Is Not Insured Against Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose […]

ATTORNEY NEWSLETTER Theft From Elderly Couple Caregiver Pleads To Forgeries And Other Crimes Unauthorized Online Transfers Many caregivers are hardworking, compassionate people who truly care for the older persons they take care of.  But the reality is that they are also dishonest, greedy, and manipulative individuals acting as caregivers as […]

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.  […]