Category: Evans Law Firm

ATTORNEY NEWSLETTER Charges Of Illegal Restraint Of Elderly Residents Four CNAs Sentenced For Elder Abuse Spotting Abuse Of Loved Ones Sadly, elderly nursing home residents are vulnerable to abuse and neglect in nursing home and care facilities, the very places they enter to be cared for when they can no […]

ATTORNEY NEWSLETTER Agents Earn High Commissions On Deferred Annuity Sales The Riskier The Investment The Higher The Commission Commissions Versus Fee-Based Advice Risky investments like fixed indexed and variable annuities, non-traded REITs (real estate investment funds), and private placements typically pay out high commissions – some as high as 10% […]

ATTORNEY NEWSLETTER Long-Term Insurance Policies  Pressure Sales Tactics High Commissions, Hidden Fees And Surrender Penalties  All deferred annuities are complicated and risky, indexed annuities are particularly complex and full of risk.  These complications and risks are especially dangerous for seniors; if a policyholder needs his or her money back for […]

ATTORNEY NEWSLETTER Insurance Agent Charged With Insurance Fraud And Financial Elder Abuse Thirty-Two Victims Including Many Seniors Fraudulent Documents Allegedly Covered Up Fraud Financial elder abuse strikes seniors from many quarters, and insurance agents are among those who can swindle seniors out of money.  Agents may exploit older consumers by […]

ATTORNEY NEWSLETTER Allegations of Illegal Kickbacks in Sales of Cancer Drug Allegations Of Falsified Eligibility Records And Pressure To Cover Patient Co-Pays $3.59 Million As Reward For Former Executive The government, and private individuals suing on behalf of the government, rely on a number of statutes to combat fraud within […]

ATTORNEY NEWSLETTER Disadvantages of Deferred Annuities High Pressure Sales And Other Questionable Practices Replacements And Exchanges Particularly Disadvantageous Deferred annuities present real, potential problems for seniors through contract costs and especially the surrender penalties incurred when the policyholder wants to take his or her money out. When selling annuities to […]

ATTORNEY NEWSLETTER CFTC Charges Individual And Firm With Precious Metals Fraud Gold And Silver Scams Often Target Older Investors Financial Elder Abuse And Whistleblower Cases Precious metal dealers entice investors by promising to fulfill orders for silver or gold and actually deliver the metals to the investors.  Often the promised […]

ATTORNEY NEWSLETTER Elder Abuse Takes Many Forms Physical, Emotional, Sexual, Financial Or Harmful Neglect Massive Increase In Reports of Abuse During Pandemic We have seen a massive increase in the incidents of elder abuse of all kinds, especially financial elder abuse, during the pandemic.  According to the National Center on […]

ATTORNEY NEWSLETTER Registered Broker Admits Stealing From 73-Year-Old Client Allegedly Convinced Client To Open Joint Account Unauthorized Withdrawals Over Two-Year Period Fraud against older investors by their financial advisors and brokers has become an all too frequent occurrence in recent years.  Unscrupulous advisors use an older client’s memory problems, loss […]

ATTORNEY NEWSLETTER World Elder Abuse Awareness Day 2021 Staying In Touch More Important Than Ever Post-Pandemic Steps For Protecting Seniors Today, June 15, is World Elder Abuse Awareness Day.  World Elder Abuse Awareness Day (WEAAD) was launched on June 15, 2006 by the International Network for the Prevention of Elder […]