Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Allegedly Cashed Out Life Insurance Unauthorized Withdrawals From Joint Account Accused Of Forging Elder’s Signature On Checks According to FBI and National Institute of Justice statistics, older Americans and their families lose more than $3 billion annually as a result of financial elder abuse. While theft from any […]

ATTORNEY NEWSLETTER Be Wary Of Sales Presentations Seminars And Other Questionable Sales Tactics Understand How Annuities Work  Every time an insurance agent or broker sells an annuity (or talks a consumer into exchanging one he or she already has), the agent receives a significant sales commission.  Most commissions on annuities […]

ATTORNEY NEWSLETTER Caregiver Pleads Guilty To 11 Felonies Surveillance Camera Catches Alleged Theft Of Cash Victims In Assisted Care Facility Whether living at home under the care of an in-home caregiver or living in an assisted care facility or skilled nursing facility, older persons are at risk of abuse and […]

ATTORNEY NEWSLETTER 73-Year-Old Victim Theft From Joint Account With Victim Over $600,000 In Unauthorized Withdrawals Financial abuse is a common problem with elderly people for many reasons. Sometimes, elder abusers may be suffering from mental impairments such as Alzheimer’s or dementia. These health issues can be exploited by the perpetrator to take […]

ATTORNEY NEWSLETTER Insurance Agent Sentenced For Investment Fraud Targeting Seniors Misrepresentations About Highly Speculative Investments 20-70% Of Money Received Pocketed As Fees Unscrupulous insurance agents, financial advisors, brokers and investment promoters seize on older investors’ anxiety about inflation and soaring health care costs to offer investments that promise above-market returns […]

ATTORNEY NEWSLETTER Huge Cost Of Financial Elder Abuse Risk Factors Of Financial Elder Abuse How To Protect Older Loved Ones According to the National Council on Aging (NCOA), one out 10 seniors fall victim to some type of elder abuse, and elder financial abuse and fraud costs older Americans somewhere between $2.6 billion to $36.5 […]

ATTORNEY NEWSLETTER Understanding These Complicated, Long-Term Insurance Policies Commissions, Fees And Surrender Penalties Dangers In Replacements And Exchanges Of Contracts Evans Law Firm, Inc. recommends against annuities for older consumers because these complex, expensive forms of insurance tie up a senior’s money for years and impose significant penalties if you […]

ATTORNEY NEWSLETTER CNA Allegedly Stole From Elderly Dementia Patient Unauthorized credit Card Use Victim’s Friend Reported Suspicious Transactions Whenever a caregiver, whether licensed or not, is in an isolated senior’s home there is a very real danger of theft.  Where the senior suffers from dementia, the risk is even greater […]

ATTORNEY NEWSLETTER Caregiver Took Money And Neglected Disabled Elder Authorities Find Patient Living In Squalor Authorities Allege Altered Checks And Unauthorized Credit Card Charges For seniors and dependent adults under the care of in-home caregivers, neglect and financial abuse often converge.   When an unscrupulous caregiver’s primary interest is taking money […]

ATTORNEY NEWSLETTER How Powers Of Attorney Can Be Misused Examples Of Power Of Attorney Abuse  Recourse For Victims Under California Law A power of attorney (POA) is a written document that gives an agent the legal authority to act for the principal who establishes the power of attorney. See Cal. […]