Category: Financial Exploitation

ATTORNEY NEWSLETTER Investment Advisor Targeted Older Customers Several Lost Life Savings How To Avoid This Kind Of Fraud Dishonest financial advisors, life insurance agents, stock promoters and retirement planners prey on older investors, exploiting their fear of running out of money as they grow older.  False promises of high returns […]

ATTORNEY NEWSLETTER Physical And Financial Abuse May Go Hand-in-Hand Horrific Case Example Remedies For Elder Abuse Elderly patients may be victims of both physical abuse or neglect and financial elder abuse at the hands of the very caregivers they pay to protect them.  While there are many caregivers who work […]

ATTORNEY NEWSLETTER Attorney General Bonta Sends Bulletin To Local Law Enforcement Agencies Elderly And Disabled At High Risk Of Abuse Remedies For Elder Abuse California Attorney General Rob Bonta recently issued a bulletin to California local law enforcement agencies reminding them of their obligations under state law to enact policies and […]

ATTORNEY NEWSLETTER Financial Advisors And Customer Cognitive Decline On The Front Lines Of Protecting Older Customers From Financial Abuse Consequences Of Impaired Mental Capacity Cognitive decline is a fact of life among America’s aging population and financial advisors often find themselves on the front lines of an effort to protect […]

ATTORNEY NEWSLETTER Victim Is 90 Years Old Unauthorized Card Purchases Alleged Victim’s Family Alerted Authorities Of Suspicious Card Charges Dishonest caregivers with access to credit cards and debit cards of their elderly patients may quickly use the cards for unauthorized purchases and withdrawals.  Greedy caregivers may use those cards in […]

ATTORNEY NEWSLETTER Getting Your Money Back Is Expensive Interest Crediting Rules Unlike For Mutual Funds Contracts Carry Fees Seniors are often targeted by insurance agents with proposals for deferred annuities. Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in […]

ATTORNEY NEWSLETTER Ponzi Scheme Targeting Mostly Older Customers Lost Savings And Homes At Risk Of Foreclosure Decades-Long Ponzi Scheme 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 infamous […]

ATTORNEY NEWSLETTER Accused of Defrauding At Least 20 Clients Many Victims Were Seniors Or Disabled Persons SEC Says At Least $3 Million Stolen Financial advisors and stockbrokers are potential financial predators of senior citizens and disabled persons (dependent adults under California law).  Sometimes, the relationship between the broker and the […]

ATTORNEY NEWSLETTER Embezzled $2 Million From Elderly Clients Lured Seniors With False Promises Of High Returns Many Victims Lost Lifetime Of Savings Evans Law Firm, Inc. represents seniors themselves who are victims of financial elder abuse and the families of deceased seniors who have been financially exploited.  Often it takes […]

ATTORNEY NEWSLETTER Criminal Complaint Alleges Altered And Forged Checks Checks For Necessities Bounced For Insufficient Funds Unauthorized Use Of Debit Card Alleged We cannot emphasize strongly enough how important it is to keep checks, ATM/Debit cards, and cash away from caregivers or other strangers who enter a senior’s home.  Nor […]