Category: Financial Exploitation

ATTORNEY NEWSLETTER Allegedly Siphoned $800,000 From Elderly Widow’s Account Accused Of Stealing Annuity Payments Allegedly Forged More Than 200 Checks Individuals who steal from and financially exploit seniors include in-home caregivers or persons directly involved with a senior’s finances such as by power of attorney, or as trustee, guardian, conservator, […]

ATTORNEY NEWSLETTER Allegedly Stole Credit Card And Cash Multiple Unauthorized Purchases Victim Discovers Fraud Theft from any person is a crime, when the victim is over 65 any theft is also criminal financial elder abuse and grounds for civil liability against the person who took the property. Often, the perpetrator […]

ATTORNEY NEWSLETTER Years Of Checks Written To The Caregiver Caregiver Was Unlicensed And Had Prior Criminal History Caught Trying To Cash Large Check Day After Senior Dies Older victims lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice […]

ATTORNEY NEWSLETTER Insurance Agent Sentenced For Investment Fraud Targeting Seniors Misrepresentations About Highly Speculative Investments 20-70% Of Money Received Pocketed As Fees Unscrupulous insurance agents, financial advisors, brokers and investment promoters seize on older investors’ anxiety about inflation and soaring health care costs to offer investments that promise above-market returns […]

ATTORNEY NEWSLETTER Huge Cost Of Financial Elder Abuse Risk Factors Of Financial Elder Abuse How To Protect Older Loved Ones According to the National Council on Aging (NCOA), one out 10 seniors fall victim to some type of elder abuse, and elder financial abuse and fraud costs older Americans somewhere between $2.6 billion to $36.5 […]

ATTORNEY NEWSLETTER Different Forms Of Financial Elder Abuse Warning Signs of Financial Exploitation Protecting Older Loved Ones And Recourse Against Abusers Financial elder abuse happens when money or belongings are stolen from an older adult. It can include forging checks, taking someone else’s retirement or Social Security benefits, or using a […]

ATTORNEY NEWSLETTER Trustee Theft And Other Breaches Of Duty Removal And Other Remedies  Elder And Dependent Adult Abuse Act Remedies  Trusts are important tools for protecting and managing assets for anyone, especially seniors and dependent adults.  For dependent persons, there is a specific form of trust known as a Special […]

ATTORNEY NEWSLETTER Adviser Sentenced And Ordered To Pay $12.5 Million In Restitution Charges Of Defrauding Retirees Over A Seven-Year Period Failed To Disclose History Of Industry Disciplinary Actions Fraudulent investment schemes against elderly victims violate federal and State securities laws, wire and mail fraud laws, theft, and financial elder abuse, […]

ATTORNEY NEWSLETTER Charged With Theft Over Eighteen-Month Period Family Member Noticed Unauthorized Activity Police Review Bank Surveillance Videos Crimes with caregivers preying on elderly victims is a national issue and a growing problem in California and here in San Francisco. Older victims lose more than $3 billion annually in scams […]

ATTORNEY NEWSLETTER Agents Target Seniors For Annuity Sales Beware Of Questionable Sales Tactics Questions To Ask And Red Flags For Consumers Evans Law Firm, Inc. recommends seniors avoid deferred annuities because deferred annuity contracts are expensive and complicated and tie up a senior’s money for years. If you are approached […]