Category: Financial Exploitation

ATTORNEY NEWSLETTER Suspect Reportedly Befriended Elderly Couple Obtained And Misused Wife’s Power Of Attorney Allegedly Obtained Fraudulent Loan And Made Unauthorized Purchases Elderly victims of financial elder abuse are often preyed upon in their own homes by dishonest in-home caregivers.  Sometimes the theft is as straightforward as taking cash or […]

ATTORNEY NEWSLETTER SEC Alleges Broker Stole $800,000 Stolen Funds Allegedly Hidden In Personal Accounts Other Complaints Of Misappropriated Funds All seniors are at risk of financial elder abuse. While strangers or new persons entering a senior’s life like a caregiver are often the predators, even those a senior has known […]

ATTORNEY NEWSLETTER How Agents Abuse Powers Of Attorney Examples Of Power Of Attorney Abuse Laws On Power Of Attorney Misuse Powers of Attorney are extremely important – and, in the wrong hands, potentially dangerous – legal instruments. Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, […]

ATTORNEY NEWSLETTER Surrender Penalties And Illiquidity Locked In To Investment Strategies Sales Commissions, Annual Fees And Low Returns Fixed indexed annuities (FIAs) and other deferred annuities are long-term, complex insurance policies which require you to lose control over your investment.  Seniors and those close to retirement are often targeted by […]

ATTORNEY NEWSLETTER Elderly Victim’s Daughter Notices Irregularities Caregiver Allegedly Ordered Debit Card Sent To Her Address Missing Bank Statements Unauthorized debit and credit card charges are common forms of financial elder abuse.  Dishonest caregivers with access to checks and debit and credit cards are often the perpetrators of these forms […]

ATTORNEY NEWSLETTER Police Bring Felony Charges Accused Of Forgery And Financial Exploitation Of Elderly Person 87-Year-Old Reported Victim Forgery of stolen checks, forger credit card applications, and unauthorized debit and credit card charges are common forms of financial elder abuse.  Dishonest caregivers with access to checks and credit cards are […]

ATTORNEY NEWSLETTER Caregiver Allegedly Accessed Bank Accounts Leased Car In Senior’s Name Took Out A Loan In Couple’s Name While financial elder abuse may consist of theft of cash or unauthorized use of credit cards, some financial elder abuse consists of that plus elaborate schemes of loans, estate planning changes, […]

ATTORNEY NEWSLETTER Strangers And Familiar Persons Are Both Possible Predators All Seniors At Risk Tips For Protecting Older Loved Ones Seniors and persons of all ranks of life may be victims of financial elder abuse.  Abuse strikes across all genders and socioeconomic groups.  Any wrongful taking of a senior or […]

ATTORNEY NEWSLETTER Years Of Allegedly Fraudulent Transactions $1,295,000 Allegedly Taken From Elderly Client Twenty-Year Relationship With 97-Year-Old Client Seniors can be victims of financial elder abuse from strangers and from those they have known for years.  The older a senior gets, the more at risk they are and those who […]

ATTORNEY NEWSLETTER SEC Claims Eight Years Of Fraudulent Transactions Broker Allegedly Stole $1,295,000 97-Year-Old Client Suffered From Dementia Statistics show that the older a senior citizen is the more vulnerable he or she becomes to financial elder abuse.  Particularly at risk are those seniors who suffer from any form of […]