Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Caregiver Entrusted To Pay Victim’s Bills Unpaid Rent Leads To Eviction Caregiver Allegedly Stole Thousands All seniors are potential victims of financial elder abuse, but isolated seniors living under the care of in-home caregivers are sadly particularly at risk. Caregiver fraud/caregiver theft is a recurring form of elder […]

ATTORNEY NEWSLETTER Misuse of Financial Power of Attorney $400,000 Allegedly Taken From 87-Year-Old Victim Remedies For Victims 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 some way. The scope […]

ATTORNEY NEWSLETTER Reported Case Example Of Caregiver Theft/Caregiver Fraud Unauthorized Online Transfers And Account Access Protecting Seniors For Financial Elder Abuse And Caregiver Fraud Unauthorized online money transfers are a common form of financial elder abuse perpetrated on older persons. Dishonest persons working for seniors in their homes as caregivers […]

ATTORNEY NEWSLETTER Theft From Seniors By Misuse of Powers of Attorney Case Example Remedies For Victims 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 some way. The scope of […]

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 Caregivers Accused Of Stealing Millions Family of Deceased 91-Year-Old Sues Millionaire Had Only $200 Left At Death Caregiver theft from older persons ranges from petty theft of less than $100 here and there to grand scale theft of everything a senior has. A recent case in San Francisco, […]

ATTORNEY NEWSLETTER Caregiver Removed Elderly Woman From Care Facility Allegedly Changed Accounts To Joint Accounts Family Notified Authorities Of Account Changes Online access to an elderly person’s financial accounts is a frequent means of financial elder abuse by caregivers or others who gain online access to a senior’s accounts. Online […]

ATTORNEY NEWSLETTER In-Home Caregiver Pleads Guilty To Defrauding Elderly Couple Check Forgeries, Unauthorized Online Money Transfers And Other Crimes Protecting Older Loved Ones From Financial Elder Abuse Allowing strangers in your home is never a good idea. Particularly if you’re an older person who lives alone. Whenever a dishonest caregiver […]

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 Disadvantages Of Deferred Annuities  Costly To Exit Sales 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 deferred annuities, like fixed […]