Category: Financial Exploitation

ATTORNEY NEWSLETTER What are Riders To Annuity Contracts? Costly With Little Benefit Other Contract Disadvantages Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. Even more problematic for older consumers are […]

ATTORNEY NEWSLETTER Financial Predators Steal To Gamble Danger Of Access To Senior’s Money Spotting Financial Elder Abuse According to a recent State Gambling Commission report, there is a real connection between financial exploitation of seniors and the gambling habits of their financial predators. We have seen that in cases brought […]

ATTORNEY NEWSLETTER Abuser Opened Joint Bank Account With VIctim Abuser Allegedly Withdrew 100% of Funds In Four Months Protecting Older Loved Ones Seniors are at risk of being financially exploited from many directions, including at the hands of dishonest in-home caregivers, stepchildren, second spouses, “friends” and others.  The methods for […]

ATTORNEY NEWSLETTER City Commissioner Accused Of Financial Elder Abuse Alleged Exploitation of Local Senior 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 […]

ATTORNEY NEWSLETTER Three Charged In Murder-For-Hire Scheme 96-Year-Old Victim Predatory Reverse Mortgage On Victim’s Home California has the most expensive real estate in the country.  Many seniors live in homes whose value has increasingly enormously over the years at the same time that their income is stagnant.  Reverse mortgage lenders […]

ATTORNEY NEWSLETTER Ponzi Scheme Targeting Mostly Older Customers Lost Savings And Homes At Risk Of Foreclosure Scheme Lasted Many Years Seniors are often targets of Ponzi schemes, where money collected from new investors is used to pay existing investors, and there really is no actual investment of funds. Like the […]

ATTORNEY NEWSLETTER $2 Million Missing From Seniors’ Accounts Promises Of High Returns Enticed Older Investors Money Transferred To Advisor’s Personal Accounts Evans Law Firm, Inc. represents seniors themselves who are victims of financial elder abuse and the children or other family of deceased seniors who have been financially exploited.  Often […]

ATTORNEY NEWSLETTER Financial Elder Abuse Increasingly Prevalent Ways To Protect Senior Loved Ones And Friends Remedies For Financial Elder Abuse Seniors at every economic level, rich or poor, married or single, male or female, straight or LGBTQIA+ are potential victims.  We all have a role to play in putting a […]

ATTORNEY NEWSLETTER Elderly Couple Defrauded By In-Home Caregiver Forgeries And Other Crimes Unauthorized Online Transfers From Couple’s Bank Accounts Any senior is vulnerable to financial elder abuse.  The risk is much greater whenever a dishonest caregiver or other stranger enters an isolated senior’s home for any period of time. Caregiver […]

ATTORNEY NEWSLETTER Fraudulent Money Transfers Bank Flags Suspicious Transactions Protecting Seniors From Fraud Financial predators can be strangers or new friends or caregivers entering a senior’s life or those the senior has known and trusted for years.  Unscrupulous stock promoters and financial advisors may prey on seniors.  Evans Law Firm, […]