Category: financial elder abuse

ATTORNEY NEWSLETTER Caregiver Allegedly Accessed Bank Accounts Leased Car In Senior’s Name Took Out A Loan In Couple’s Name While financial elder abuse may consist of theft of cash or unauthorized use of credit cards, some financial elder abuse consists of that plus elaborate schemes of loans, estate planning changes, […]

ATTORNEY NEWSLETTER Strangers And Familiar Persons Are Both Possible Predators All Seniors At Risk Tips For Protecting Older Loved Ones Seniors and persons of all ranks of life may be victims of financial elder abuse.  Abuse strikes across all genders and socioeconomic groups.  Any wrongful taking of a senior or […]

ATTORNEY NEWSLETTER Over $2.7 Million Allegedly Stolen 12 Elderly Victims Facility Owners, Lawyer And Caseworker Sentenced Most of the financial elder abuse cases we write about involve one or possibly two financial predators, like a caregiver and a spouse or friend who assists them in the abuse.  Sometimes, however, a […]

ATTORNEY NEWSLETTER Caregiver Allegedly Stole Two Books Of Elderly Couple’s Checks 55 Forged Checks More Than $139,000 And Jewelry Stolen Stolen checks and check forgeries are a common form of financial elder abuse. Forgery is a crime and when the victim is a senior, forgeries also constitute criminal financial elder […]

ATTORNEY NEWSLETTER Penalties On Withdrawals And Contract Fees Complex Interest Crediting Rules Risks Of Loss Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange from an income stream in years to come.  The principal sounds simple enough but in fact deferred annuities, like fixed […]

ATTORNEY NEWSLETTER 47 ATM Transactions In Single Month Dementia Sufferer Unaware She Had An ATM Card Caregiver Enters Guilty Plea Following Arrest ATM cards are a particular target for a dishonest caregiver or other stranger in an elderly person’s home.  If they can ascertain the PIN, the senior is really […]

ATTORNEY NEWSLETTER Complex And Expensive Insurance Policies Deceptive Sales Practices High Commissions, Fees And Policy Expenses A deferred annuity is an insurance contract between you and an insurance company. You buy the annuity by making one or more premium payments to the insurance company. The insurance company promises to make […]

ATTORNEY NEWSLETTER SEC Claims Eight Years Of Fraudulent Transactions Broker Allegedly Stole $1,295,000 97-Year-Old Client Suffered From Dementia Statistics show that the older a senior citizen is the more vulnerable he or she becomes to financial elder abuse.  Particularly at risk are those seniors who suffer from any form of […]

ATTORNEY NEWSLETTER Government Alleges Over $1 Million Stolen Elderly Victim With Ailing Health Bookkeeper Accused Of Stealing From Victim And Her Business Anyone with access to an elderly person’s money may be a potential financial predator on the elderly man or woman.  Often the predator is a newcomer into the […]

ATTORNEY NEWSLETTER Former Caregiver Allegedly Stole Bank Cards And Credit Cards 71-Year-Old Victim Suffered From Cerebral Palsy Thousands In Unauthorized Purchases At Multiple Stores Cash, checks, credit cards, ATM cards, jewelry and other valuables within reach of a dishonest stranger or caregiver in a senior’s home can disappear quickly.  In […]