Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Financial Powers Of Attorney Are Powerful Legal Instruments Possibility Of Misuse Of Power Always Present Examples Of Financial Elder Abuse By Use Of Powers Of Attorney Powers of Attorney (POAs) are important and powerful legal documents that grant the agent appointed under the POA full legal authority to […]

ATTORNEY NEWSLETTER Accused Of Using Wheelchair Bound Woman’s Debit Card Allegedly Paid Their Own Bills With Victim’s Card Two Recent Case Examples Unauthorized use of credit and debit cards is a prevalent form of financial elder abuse of the elderly.  If a dishonest caregiver has access to a senior’s debit […]

ATTORNEY NEWSLETTER Expensive To Exit Any Deferred Annuity No Control Over How Your Money Is Invested Commissions, Fees And Caps Erode Returns 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 to […]

ATTORNEY NEWSLETTER Aide Stole Jewelry, Cellphones And Designer Purses Aide Employed At Facility For 14 Years Prison Sentence And Restitution Seniors in assisted care facilities face the risk of financial elder abuse like those seniors under the care of in-home caregivers or other strangers in their homes. This kind of […]

ATTORNEY NEWSLETTER Nationwide Life and Annuity Insurance Company Annuities Nationwide’s New Heights© Products J.P. Morgan MOZAIC I and MOZAIC II Investment Strategies Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues various types of deferred annuities throughout the State of California.  Nationwide’s deferred annuity products […]

ATTORNEY NEWSLETTER Numerous Unauthorized Online Transfers Over $300,000 Missing From Elderly Couple’s Accounts Accused Of Forgeries And Fraudulent Transfers While all seniors are potential victims of financial elder abuse, seniors under the care of in-home caregivers or other strangers in their homes are particularly vulnerable to financial elder abuse. This […]

ATTORNEY NEWSLETTER Getting Your Money Back Is Costly You Do Not Control How Your Money Is Invested Returns Diminished By Commissions, Fees And Caps 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 […]

ATTORNEY NEWSLETTER Accused Of Fraudulent Debit Card Use 1 ½ Years Of Fraud Alleged 76-Year-Old Victim Unauthorized use of credit and debit cards is a prevalent form of financial elder abuse of the elderly.  Dishonest caregivers and others who access a senior’s cards and PIN (or create a PIN through […]

ATTORNEY NEWSLETTER Victim’s Daughter Notified Police Of Suspicious Activity Change Of Address Of Bank Account To Caregiver’s Home Suspicious Withdrawals And Missing Statements Unauthorized debit and credit card charges are common forms of financial elder abuse.  Dishonest caregivers with access to checks and debit and credit cards are often the […]

ATTORNEY NEWSLETTER Caregiver Befriended Elderly Couple Relative Contacts Police About Suspicious Activity Fraudulent Loan And Unauthorized Purchases Alleged The elderly are potential victims of financial elder abuse in their own homes by dishonest, greedy caregivers or other strangers working for them.  Sometimes the theft is as straightforward as taking cash […]