Category: financial elder abuse

ATTORNEY NEWSLETTER Beware Annuity Scams Agents Target Seniors Salesmen masquerading as “advisors” or “planners” run annuity scams every day in this country. Their favorite targets are seniors. Seniors make up 30 percent of fraud victims, according to consumer advocacy groups and we suspect the percentage would be much higher if […]

ATTORNEY NEWSLETTER Signs of Financial Elder Abuse What to Look For Sadly, financial elder abuse has become a real epidemic in this country. As financial elder abuse lawyers at Evans Law Firm we see cases of financial elder abuse every day. More and more financial elder abuse stories are appearing […]

ATTORNEY NEWSLETTER A Sad Tale of Financial Elder Abuse Financial Elder Abuse In this day in age, nobody is a stranger to financial elder abuse. Whether it has happened to you, someone you care about, or someone you distantly know, financial elder abuse happens daily, yet can look very different […]

ATTORNEY NEWSLETTER FINRA Cracking Down on Bad Brokers Cracking Down on Exploitation The financial industry continues housecleaning with a tough new approach toward brokers with a record of customer disputes. The financial industry largely polices itself through the Financial Industry Regulatory Authority (FINRA). Last week, FINRA announced plans to crack […]

ATTORNEY NEWSLETTER Financial Elder Abuse Within Families Financial Elder Abuse Close to Home Financial elder abuse plagues seniors throughout this country, the State of California and right here in San Francisco. In a recent case, an elderly couple gave their daughter Power of Attorney over their financial affairs. Within a […]

ATTORNEY NEWSLETTER Reverse Mortgage Lender Settles for $89 Million in Whistleblower Case Recently, a large reverse mortgage lender settled a whistleblower case alleging violations of the False Claims Act and Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). The lender allegedly sold reverse mortgage loans insured by the […]

ATTORNEY NEWSLETTER Why You Should Think Twice About Annuities Annuities Annuities are a hot topic these days as one of our largest generations ages into retirement. The big question that they seem to have is: how do I ensure that I will not outlive my money? That is, how do […]

ATTORNEY NEWSLETTER Big Commissions on Unsuitable Annuity Exchanges FINRA Cracking Down Annuity salesman love to promote annuity exchanges, urging clients to swap one annuity for another. Big commissions incentivize salesmen for deals unsuitable to clients. For years, the Financial Industry Regulatory Authority (FINRA) has warned investors about the risks of […]

ATTORNEY NEWSLETTER Financial Elder Abuse in The Construction Industry Thieving Contractors Target Seniors Authorities recently arrested a trio of building contractors in Santa Rosa in Sonoma County accused of stealing close to $1 million from a variety of clients. Included in charges against the three are counts of elder abuse. […]

ATTORNEY NEWSLETTER The Growing Problem of Financial Elder Abuse Financial Elder Abuse Financial elder abuse is a growing problem in our backyard of Los Angeles, California and across the country as well. Even just the numbers are shocking. For instance, it is estimated that around 5 million seniors are the […]