Category: financial elder abuse

ATTORNEY NEWSLETTER In-Home Caregiver Arrested Accused Of Falsifying Checks Police Say $35,000 Missing From Victim’s Accounts The consequences of financial elder abuse on senior victims can be devastating.  While financial elder abuse by a dishonest caregiver or other person with access to a senior’s finances may start out relatively small, […]

ATTORNEY NEWSLETTER Deferred Annuities Are Not Good Choices For Seniors Exiting Deferred Annuities Is Costly Fees, Participation Rates And Caps Diminish Returns Whenever a life insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed […]

ATTORNEY NEWSLETTER Saw Elderly Man’s PIN at Grocery Store Victim Reported Large Sum Missing From Bank Account ATM and CashApp Transactions And Amazon Purchases A recently reported case, discussed below, illustrates what can happen when a dishonest caregiver discovers an older person’s debit/ATM card PIN.  We often write about unauthorized […]

ATTORNEY NEWSLETTER Six Felony Counts Brought Against Former Caregiver 77-Year-Old Disabled Victim Credit Cards Allegedly Used For Rent, Jewelry And Car Downpayment Unauthorized use of credit cards is a common type of fraud perpetrated on seniors by dishonest caregivers or other strangers with access to a senior’s cards.  Dishonest caregivers […]

ATTORNEY NEWSLETTER Financial Advisors And Customer Cognitive Decline On The Front Lines Of Protecting Older Customers From Financial Abuse Consequences Of Impaired Mental Capacity Cognitive decline is a fact of life among America’s aging population and financial advisors often find themselves on the front lines of an effort to protect […]

ATTORNEY NEWSLETTER When Seniors Victimized By Physical And Financial Abuse Case Example Of Multiple Charges Against Caregiver Pursuing Parties Responsible For Abuse Incidents of caregiver abuse of their elderly patients often involve both physical abuse or neglect and financial elder abuse.  A dishonest caregiver’s physical abuse or neglect of an […]

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 […]

ATTORNEY NEWSLETTER 81-Year-Old Victim Caregiver Granted Bill-Paying Authority Thousands Allegedly Missing From Victim’s Bank Accounts Most financial elder abuse of older persons at the hands of dishonest caregivers or others starts out relatively small.  The amounts stolen grow over time as the predator gets away with his or her theft.  […]

ATTORNEY NEWSLETTER Allegations Of Physical And Financial Abuse Victim Suffered from ALS Physical Abuse And $4000 Allegedly Stolen Physical and financial elder abuse and certain forms of neglect are all crimes and grounds for civil liability of the abuser. California Penal Code § 368 and Cal. Welf. & Inst. Code […]

ATTORNEY NEWSLETTER Two Dementia Patients Missing Over $300,000 Both Victims Residents Of Same Assisted Care Facility  Unpaid Bills And Threats Of Eviction Sometimes, Powers of Attorney (POAs) are absolutely essential when the principal needs an appointed agent to take over the principal’s financial affairs when they are unable to manage […]