Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Isolation And Economic Insecurity  History Of Discrimination Consumers lost more than $5.8 billion to financial elder abuse and fraud last year, up 70 percent from 2020, according to the Federal Trade Commission (FTC).  While anyone of any age can be victimized by financial abuse, some groups may be […]

ATTORNEY NEWSLETTER Two Sisters Sentenced For Theft Elderly Victim In Care Facility $272,000 Stolen According To California Attorney General Just like older persons under the care of in-home caregivers, elderly residents of care facilities are also at risk of financial elder abuse.  Such financial abuse may occur at the hands […]

ATTORNEY NEWSLETTER Wills And Competence Issues Undue Influence Over Elderly Will Contests Financial exploitation of older persons stretches from theft of cash, jewelry and checks froma senior’s home all the way to elaborate estate planning schemes arranged near the end of a senior’s life meant to enrich one or two […]

ATTORNEY NEWSLETTER Man And Estranged Wife Allegedly Stole From Wife’s Great Aunt $117,000 In Suspicious Transactions Cash Withdrawals And Unauthorized Purchases Financial powers of attorney (POAs) grant full authority over a person’s financial affairs. Medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority […]

ATTORNEY NEWSLETTER Thefts Allegedly Occurred Over One-Year Period  Theft And Forgery Alleged On 29 Checks Greater Amount Stolen Alleged In Civil Elder Abuse Petition Check forgeries are a common form of financial elder abuse. Whenever a dishonest caregiver or other stranger enters a senior’s home, accessible cash, checks, and credit […]

ATTORNEY NEWSLETTER Don’t Be Rushed By Aggressive Sales Tactics Ask Important Questions And Review With Family First Free-Look Period Evans Law Firm, Inc. generally recommends against annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Deferred annuities impose […]

ATTORNEY NEWSLETTER Message Comes On Elder Abuse Awareness Day Common Warning Signs Of Elder Abuse Act On Any Suspicion Of Abuse On Elder Abuse Awareness Day (June 15 every year), California Attorney General Rob Bonta provided Californians with tips to identify and report elder abuse.  Elder Abuse is a national […]

ATTORNEY NEWSLETTER Unsuitable Investments For Seniors High Surrender Charges Switching Or Exchanging Annuities Can Be Costly Mistake Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies include withdrawal penalties (called surrender charges) if you need your money back. […]

ATTORNEY NEWSLETTER Allegedly Embezzled $2 Million Promises Of High Returns On Invested Money Offered “Investment Advisory Services”  Often it takes years for some complicated elder financial abuse schemes to unwind and be detected.  In many cases, the scheme is not discovered until the victim as died, particularly in the abuse […]

ATTORNEY NEWSLETTER High-Yield Investment Fraud Targeted Elderly Multi-Million Dollar Scheme Allegedly Ran or Six Years Individuals Plead Guilty To Multiple Charges Financial elder abuse may be limited to isolated transactions exploiting specific older individuals, but larger fraudulent and abusive schemes may be perpetrated on numerous elderly victims.  Seniors are often […]