Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Allegedly Defrauded Investors Were Ages 78-94 Promised 13% Return On A Promissory Note Fraud Allegedly Continued For Five Years Sales of unsuitable investments to seniors may constitute financial elder abuse.  Largescale pyramid or Ponzi schemes may also target seniors. Statistics show that the older we get the more […]

ATTORNEY NEWSLETTER Elderly Couple Are Caregiver’s Victims Forged Signatures On Victims’ Checks Online Transfers Seniors are vulnerable to financial elder abuse whenever a dishonest caregiver or other stranger enters their home for any period of time. When it occurs, this kind of financial elder abuse often takes the form of […]

ATTORNEY NEWSLETTER 79-Year-Old Victim Convinced Victim To Surrender Life Insurance And Annuities Used Victim’s Money To Pay Off Other Defrauded Customers All seniors are potential victims to various financial predators.  Financial predators on seniors include in-home caregivers, retirement planners, insurance agents and other salespeople, bankers, trustees, conservators, financial advisors, brokers, […]

ATTORNEY NEWSLETTER Long-Term Contract With No Control Of Investment Surrender Charges On Withdrawals  Annual Fees And Low Returns 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 significant […]

ATTORNEY NEWSLETTER Advisor Allegedly Spent Elderly Client’s Money On Himself Thousands In Overcharges On Account Accused of Four Years Of Misconduct  Sales of unsuitable investments to seniors may constitute financial elder abuse.  Largescale pyramid or Ponzi schemes may also target seniors. Churning investments in a senior’s account to generate commission […]

ATTORNEY NEWSLETTER Warning Signs Of Fraud And Dishonesty Missing Money Or Possessions Social Security, Pension And Other Benefits Every senior residing in an assisted care or skilled nursing facility faces a real danger of financial elder abuse by dishonest staff and administrators.  Theft of cash and jewelry from nursing home […]

ATTORNEY NEWSLETTER 94-Year-Old Victim Required In-Home Care Caregiver Allegedly Falsified Victim’s Checks Accused Of Defrauding Victim Of $35,300 We often share with you news stories of the ways in which seniors and dependent adults under the care of in-home caregivers, have been victims of neglect, physical abuse and financial abuse.   […]

ATTORNEY NEWSLETTER World Elder Abuse Awareness Day 2022  Staying In Touch More Important Than Ever Post-Pandemic Steps For Protecting Seniors Today, June 15, is World Elder Abuse Awareness Day (WEAAD), launched in 2006 by the International Network for the Prevention of Elder Abuse and the World Health Organization at the […]

ATTORNEY NEWSLETTER Allegedly Took Advantage Of Family Friendships Money Allegedly Spent On Gambling, Meals, And Care Payments Authorities Say Over $529,000 Lost  Seniors are vulnerable to financial exploitation by unscrupulous financial advisors, insurance agents, trustees, caregivers and others.  Often the abuser is a stranger or someone who has only recently […]

ATTORNEY NEWSLETTER Always Get A Second Opinion Before Being Sold An Annuity Understand Contract Fees And Withdrawal Penalties Avoid Exchanges Or Replacement Transactions Deferred annuities, unlike immediate annuities, require an upfront insurance premium for an income stream to be paid to you many years in the future. The deferral period can […]