Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Cash, Checks And Credit Cards Stolen From Patient Rooms Two Prior Convictions For Financial Elder Abuse Theft Estimated At $18,000 Any nursing home residents is at risk of financial elder abuse at the hands of any unscrupulous caregivers, staff, and employee in the business office.  The thefts may […]

ATTORNEY NEWSLETTER Deferred Annuities Are Complex Products What To Watch For Avoid Replacements And Exchanges Deferred annuities are complicated investments.  Some bear complex qualities of both life insurance and securities products; contracts run from 50 to 100 pages or more and are filled with technical language and actuarial tables. Insurance agents […]

ATTORNEY NEWSLETTER Allegedly Stole Wife’s Jewelry Some Property Recovered At Pawn Shop Police Conduct Investigation It does not take a dishonest stranger brought into an older person’s home long to take cash, jewelry, credit cards, checks and valuables if he or she has access. Indeed, whenever a caregiver or other […]

ATTORNEY NEWSLETTER World War II Veteran Resided In Senior Community Cash and Rolex Disappeared Police Arrest Caregiver On Suspicion Of Theft Theft from a victim is over 65 is straight theft but is also criminal financial elder abuse and grounds for civil liability against the person who took the property. […]

ATTORNEY NEWSLETTER Allegedly Stole Over Ten-Year Period Defendant Developed Close Relationship With Victim Hundreds Of Fraudulent Checks And Electronic Transfers Alleged Trustees, conservators, brokers, accountants, and other advisors have direct access to a senior’s finances and personal information like Social Security Numbers.  Dishonest persons in those capacities are in a […]

ATTORNEY NEWSLETTER Deceptive Sales Practices Downsides of Deferred Annuities For Seniors Avoid High-Pressure Sales Tactics Insurance agents are paid significant sales commissions on sales of certain forms of deferred annuity insurance products.  Any high-pressure or deceptive tactics to sell these products, and sales of unsuitable annuities, violate the law and […]

ATTORNEY NEWSLETTER Surveillance Footage Captures Suspicious Activity Search Reveals Resident’s Checkbook At Caregiver’s Home Facility Manager Reported Residents Missing Credit Cards When the victim of any theft is over 65 that theft also constitutes criminal financial elder abuse and grounds for civil liability against the person who took the property. […]

ATTORNEY NEWSLETTER Multiple Elder Victims Of Fraudulent IRA Scheme Victims Lost All Retirement Savings Arbitration Panel Awards Victims $12 Million  Financial elder abuse can strike anyone either when a predator targets them individually or when they are part of a larger financial elder abuse scheme injuring multiple victims.  A Los […]

ATTORNEY NEWSLETTER Alleged Forgery And Unauthorized Charges Lack Of Oversight Cited Protecting Nursing Home Residents For every senior residing in an assisted care or skilled nursing facility there is a very real danger of financial elder abuse of nursing home residents by the staff and administrators of the very homes […]

ATTORNEY NEWSLETTER All Seniors Are At Risk Common Red Flags Of Financial Elder Abuse Steps To Protect Older Loved Ones Unscrupulous financial advisors and stockbrokers have access to customer accounts and may use that access to steal from clients, especially elderly clients who may not catch irregularities in their accounts. […]