Category: Elder Financial Abuse

ATTORNEY NEWSLETTER 47 ATM Transactions In Single Month Dementia Sufferer Unaware She Had An ATM Card Caregiver Enters Guilty Plea Following Arrest ATM cards are a particular target for a dishonest caregiver or other stranger in an elderly person’s home.  If they can ascertain the PIN, the senior is really […]

ATTORNEY NEWSLETTER Complex And Expensive Insurance Policies Deceptive Sales Practices High Commissions, Fees And Policy Expenses A deferred annuity is an insurance contract between you and an insurance company. You buy the annuity by making one or more premium payments to the insurance company. The insurance company promises to make […]

ATTORNEY NEWSLETTER SEC Claims Eight Years Of Fraudulent Transactions Broker Allegedly Stole $1,295,000 97-Year-Old Client Suffered From Dementia Statistics show that the older a senior citizen is the more vulnerable he or she becomes to financial elder abuse.  Particularly at risk are those seniors who suffer from any form of […]

ATTORNEY NEWSLETTER Charged With Chronic Neglect Leading To Death Thousands Reportedly Stolen From Deceased’s Bank Account Elderly Victim Incapable Of Self-Care Neglect and financial elder abuse of isolated, dependent seniors by dishonest in-home caregivers often go hand in hand inflicting horrible injury on the victim in some cases leading to […]

ATTORNEY NEWSLETTER Government Alleges Over $1 Million Stolen Elderly Victim With Ailing Health Bookkeeper Accused Of Stealing From Victim And Her Business Anyone with access to an elderly person’s money may be a potential financial predator on the elderly man or woman.  Often the predator is a newcomer into the […]

ATTORNEY NEWSLETTER Family Finds Thousands Missing After Loved One Dies Elderly Woman Kept Thousands In Cash In Her Home Police Allegedly Discover Large Deposits In Caregiver’s Account While a dishonest caregiver may steal checks or credit cards from an elderly person, cash is likely the first target for any dishonest […]

ATTORNEY NEWSLETTER Former Caregiver Allegedly Stole Bank Cards And Credit Cards 71-Year-Old Victim Suffered From Cerebral Palsy Thousands In Unauthorized Purchases At Multiple Stores Cash, checks, credit cards, ATM cards, jewelry and other valuables within reach of a dishonest stranger or caregiver in a senior’s home can disappear quickly.  In […]

ATTORNEY NEWSLETTER Defendant Acted As Accountant, Tax Preparer And Investment Advisor Accused Of False Promises Of Investment Opportunities One Elderly Couple Loses Entire Life Savings While often the financial predators of seniors are newcomers in their lives or even total strangers, seniors may also be victims of financial elder abuse […]

ATTORNEY NEWSLETTER Allegedly Stole Money Over Six-Year Period Over $860,000 Gone Falsified Documents And Beneficiary Designations Older persons often execute powers of attorney (POAs) to appoint designated persons to transact financial affairs on their behalf with full legal authority to do so.  The person appointed under the POA is called […]

ATTORNEY NEWSLETTER Understanding How Deferred Annuities Work Surrender Penalties A Big Downside For Seniors Commissions, Fees, Participation Rates And Caps Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future.  Evans Law Firm, Inc. generally recommends against deferred […]