Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Expensive To Get Your Money Back Loss Of Investment Control In Changing Markets Returns Eroded By Commissions, Fees And Administrative Costs Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some annuities may earn little to no interest.  If you try […]

ATTORNEY NEWSLETTER Elderly Victim Suffers From Lou Gehrig’s Disease Caregiver Accused Of Choking Victim Stolen Cash And Other Abuse Allegations 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 […]

ATTORNEY NEWSLETTER Elder Subject To Physical And Financial Abuse Multiple Charges Brought Against Caregiver Charges Include Theft And Reckless Endangerment Sadly, there are dishonest persons hired as in-home caregivers for the elderly who spend their time stealing from their patients instead of caring for them.  Incidents of caregiver abuse often […]

ATTORNEY NEWSLETTER Insurance Agent Fraud And Financial Elder Abuse Many Seniors Among Victims Protecting Older Loved Ones Insurance agents and brokers serve as trusted advisors to their clients, ensuring that policyholders are adequately protected in the event of a loss.  However, on some occasions, unscrupulous agents abuse their profession for […]

ATTORNEY NEWSLETTER The Rising Epidemic Of Financial Elder Abuse Steps For Protecting Senior Loved Ones And Friends Legal Remedies For Financial Elder Abuse Financial exploitation of older Americans is not the inevitable consequence of growing old but the sad reality for millions of seniors in America every year.  Seniors at […]

ATTORNEY NEWSLETTER Alleged Theft By Attorney-in-Fact Occurred Over Three-Month Period Victim In Mental Health Facility And Unaware Of Fraud Allegedly Spent Gambling And On 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 […]

ATTORNEY NEWSLETTER 65 Unauthorized Checks On Resident Trust Funds $73,521.68 In Restitution Ordered Six Months Jail Sentence Seniors in assisted care or skilled nursing facilities face the risk of financial elder abuse by dishonest staff members similar to the risks seniors living at home do from dishonest in-home caregivers.  Theft […]

ATTORNEY NEWSLETTER Over $300,000 Missing From Elderly Couple’s Accounts Numerous Unauthorized Online Transfers Additional Forgery Charges  Seniors under the care of in-home caregivers or other strangers in their homes are particularly vulnerable to financial elder abuse. This kind of financial elder abuse often takes the form of stolen valuables (jewelry […]

ATTORNEY NEWSLETTER Threatened Elderly Victim For Money Theft Allegedly Left Victim Without Rent Money Suspicious Transactions Discovered By Granddaughter Financial elder abuse of seniors by dishonest and greedy caregivers is one of the most pervasive forms of financial elder abuse.  Reports of caregiver fraud and abuse appear almost every day […]

ATTORNEY NEWSLETTER Many Victims Lost All Their Retirement Savings Homes At Risk Of Foreclosure Scheme Began Decades Ago Financial elder abuse can be limited to isolated transactions exploiting the elderly or can be a largescale fraud striking numerous elderly victims.  Seniors are often targets of Ponzi schemes, where money collected […]