Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Accusations of Neglect, Assault And Theft $275,000 Allegedly Stolen From Victim’s Bank Account Jury Watches Camera Footage Of Assault For seniors and dependent adults under the care of in-home caregivers, neglect, physical abuse and financial abuse may all be inflicted on the elderly person in horrific ways.   When […]

ATTORNEY NEWSLETTER Pleads Guilty To Embezzlement From Elder Credit Union Loan Officer Reports Irregularities  Paster Allegedly Had Powers of Attorney For Several Church Members Powers of attorney (POAs) grant the agents appointed under them full legal authority to act for the principal who executes the POA.  The person appointed under […]

ATTORNEY NEWSLETTER Alleged Scheme Lasted Seven Years Invested Money Allegedly Funded Lavish Lifestyle Supposed High-Yield Investments Were Non-Existent Financial predators may target older investors with unsuitable or risky ventures promising high returns.  These predators may seize on senior anxiety about the stock market, their need for income in the future, […]

ATTORNEY NEWSLETTER Fees And Penalties On Withdrawals  Expensive Policy Riders And Other Complications Not Insured Investments Like CDs Like many financial products and certain forms of life insurance, annuities are complex and come in multiple forms, which makes them difficult to define with one broad stroke.  Deferred annuities are contracts […]

ATTORNEY NEWSLETTER Manager Depletes Victim’s Bank Account New Caregiver Discovered Missing Money Money Taken Over Four-Year Period Unscrupulous persons with access to a senior’s financial information, bank accounts Social Security numbers, credit cards, checks or cash can take advantage of that access and steal from the older person.  When the […]

ATTORNEY NEWSLETTER Caregiver First Charged With Forging Checks  Subsequently Pawns Allegedly Stolen Jewelry  Allegedly Wrote Herself Checks Instead Of Paying Bills We share with our readers over and over the advice that a caregiver should never be given any financial responsibilities.  Ever.  Every single time a caregiver (or other stranger) […]

ATTORNEY NEWSLETTER Understand Penalties On Withdrawals  Fees And Other Hidden Costs Beware High-Pressure Sales Tactics “Our older citizens, understandably concerned with rising living and medical costs and even pension uncertainties, are being targeted by unscrupulous financial predators,” said a top State securities regulator recently.  The regulator has brought a string […]

ATTORNEY NEWSLETTER Former Agent Accused Of Stealing From Older Clients One Victim’s Family Member Alerts Authorities Withdrawals And Surrenders From Annuities Financial predators on seniors include in-home caregivers, insurance agents and other salespeople, bankers, trustees, conservators, financial advisors, brokers, contractors, second spouses, and girlfriends or boyfriends.  All seniors are potential […]

ATTORNEY NEWSLETTER AG Files Suit Against Urgent Care Provider Alleges Millions In Unclaimed Overpayments Alleged Violations Of Unclaimed Property And False Claims Acts California’s Attorney General Rob Bonta has made enforcement of consumer protection laws and consumer rights a major focus of attention of the California Department of Justice.  Sometimes, […]

ATTORNEY NEWSLETTER Pursuing Persons Who Steal From Elders Prosecuting All Forms Of Elder Abuse Notable California DOJ 2021 Prosecutions California’s Attorney General Rob Bonta made prosecution of elder abuse a leading priority of the California Department of Justice during his first years as California’s AG.  Attorney General Bonta also pushed […]