Category: Financial Exploitation

ATTORNEY NEWSLETTER 2022 Martin Luther King Holiday Using The Holiday To Help Seniors Building The Beloved Community           Our ultimate end must be the creation of the beloved community.             — The Rev. Dr. Martin Luther King Jr., April 15, 1960, in Raleigh, North Carolina The Martin Luther King Jr. […]

ATTORNEY NEWSLETTER Elderly Client In Assisted Care Facility Financial Advisor Pled Guilty To Financial Elder Abuse Victim Nearly Evicted For Unpaid Bills Financial Powers of Attorney (POAs) grant the agent acting under them broad powers over a principal’s financial affairs.  See Cal. Prob. Code §§ 4401 (financial POA).  The agent […]

ATTORNEY NEWSLETTER Isolated Seniors Vulnerable To Neglect And Abuse Financial Exploitation May Accompany Neglect Of Patient Recourse For Families And Injured Seniors Seniors and dependent persons under the care of in-home caregivers may be at risk of neglect and isolation and at the same time financial abuse by those caregivers […]

ATTORNEY NEWSLETTER Trustee Theft And Other Breaches Of Duty Removal And Other Remedies  Elder Abuse Act Remedies For Financial Elder Abuse Trusts are important estate planning tools to establish distribution of income and assets during life and after death.  The individual creating the trust usually acts as his or her […]

ATTORNEY NEWSLETTER Government Charges Defendant Ran Scheme For Nine Years Victims Primarily Elderly Investors False Promise Of Guaranteed Income And Other Misrepresentations Financial elder abuse can strike a particular senior citizen or can be a largescale fraud striking numerous elderly victims such as investment fraud like a Ponzi scheme, where […]

ATTORNEY NEWSLETTER Family Discovers Large, Unusual Transactions Caregiver Had Senior’s Credit Card And Checks Caregivers Alleges That Senior Made Gifts To Her There is a very real danger of theft and financial elder abuse whenever a caregiver has access to a senior’s credit cards, cash, checks, or bank account information.  […]

ATTORNEY NEWSLETTER CPA Allegedly Caught When Trying Transfer $500,000 To Himself  More Than $1.5 Million Allegedly Taken By Checks And Wires  CPA Allegedly Hired Unqualified Caregivers For Clients Powers of Attorney (POAs) are incredibly and powerful legal instruments that grant broad powers over virtually all of a principal’s affairs.  When […]

ATTORNEY NEWSLETTER Rising Premiums On Universal Life Policies Impact Seniors Potentially Misleading Policy Illustrations Low Rates Of Return Evans Law Firm, Inc. recommends against indexed universal life insurance and deferred annuities for senior consumers because both insurance products are expensive, complicated, and tie up invested money for long periods of […]

ATTORNEY NEWSLETTER Caregiver Arrested For Stealing Disabled Patients’ Benefits Impersonated Seven Patients To Obtain Their Government Benefits Identity Theft And Accessing Personal Information Elders and dependent adults are at risk of financial elder abuse and theft from the very persons who are entrusted to care for them.  Sometimes the theft […]

ATTORNEY NEWSLETTER Unregistered Securities And Illegal Schemes Unscrupulous Brokers And Advisors Prey On Older Investors Incidents Of Investment Fraud On Elderly Increasing In its recently released Elder Fraud Report, the FBI lists investment fraud against the elderly as one of the primary forms of financial elder abuse against older Americans.  […]