Category: financial elder abuse

ATTORNEY NEWSLETTER Older Clients Targeted As Victims Case Examples Protecting Older Loved Ones From Financial Exploitation Unscrupulous insurance agents sometimes abuse their profession for personal gain by committing fraud on customers, particularly targeting older consumers in some cases.  Agents may exploit older consumers by selling them expensive and unsuitable insurance […]

ATTORNEY NEWSLETTER Physical And Financial Abuse Of A Single Victim Caregiver Arrested On Multiple Charges Theft And Reckless Endangerment Alleged Sadly, there are dishonest persons hired as in-home caregivers for the elderly who spend their time stealing from their patients instead of caring for them.  Incidents of caregiver abuse often […]

ATTORNEY NEWSLETTER Broad Authority Given to POAs/Agents How That Authority Is Abused Remedies For Injured Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over medical decisions and […]

ATTORNEY NEWSLETTER Sentence For Falsifying Caregiver Time Records 94-Year-Old Victim Protecting Older Loved Ones And Pursuing Remedies Falsification of time sheets by paid caregivers is one of the ways dishonest caregivers financially exploit older persons. Altering their paychecks to make them greater is another.  Using debit and credit cards repeatedly […]

ATTORNEY NEWSLETTER Victim Suffers Physical And Financial Abuse Alleged Assault And Theft Protecting Older Loved Ones We often write about the ways in which seniors are abused or neglected by those closest to them, including those paid to care for them in their homes.  Where a dishonest caregiver is after […]

ATTORNEY NEWSLETTER Case Example Of Check Forgeries Victim’s Checking Account Overdrawn Unauthorized Card Charges Discovered Never hand an ATM/debit card or credit card to a caregiver and ask them to go get cash or make purchases.  Never give out any PIN numbers. Never give a caregiver or other person a […]

ATTORNEY NEWSLETTER Various Forms Of Elder Abuse Spotting Elder Neglect And Abuse Protections And Remedies For Victims The National Council on Aging says up to five million older Americans are abused yearly, and the annual loss by victims of financial elder abuse is estimated to be at least $36.5 billion. (That number […]

ATTORNEY NEWSLETTER Unauthorized Bank Card Use 130 Fraudulent Purchases Alleged  $25,000 In Charges In Four Months Unauthorized card purchases and ATM withdrawals are prevalent forms of such abuse. Dishonest caregivers and others who access a senior’s cards and PIN (or create a PIN through phone or online account access) can […]

ATTORNEY NEWSLETTER $1 Million Missing From Victim’s Trust  Multiple Check Forgeries Alleged Unlicensed Caregiver Reportedly Had Prior Criminal Record As many as one in 10 seniors are victims of financial elder abuse, according to the FBI and National Institute of Justice, and their financial predators are most often caregivers or […]

ATTORNEY NEWSLETTER How Agents Steal From Seniors By POA Case Example Of Large Theft By POA Legal Consequences For Agent Financial powers of attorney (POAs) grant full legal authority over a person’s financial affairs, unless the POA expressly limits the appointed agent’s power in some way.  The scope of the […]