Category: Financial Exploitation

ATTORNEY NEWSLETTER Defendant Acted As Accountant, Tax Preparer And Investment Advisor Accused Of False Promises Of Investment Opportunities One Elderly Couple Loses Entire Life Savings While often the financial predators of seniors are newcomers in their lives or even total strangers, seniors may also be victims of financial elder abuse […]

ATTORNEY NEWSLETTER Allegedly Defrauded 97-Year-Old With Dementia Accused Of Using Victim’s Funds For Personal Expenses Eight Years Of Fraud Alleged Seniors are often victims of financial elder abuse from strangers or newcomers into their lives acting as caregivers, insurance salesmen, contractors, or new boyfriends or girlfriends sometimes met online.  But […]

ATTORNEY NEWSLETTER 6 ½ Year Prison Sentence Close To $6 Million Stolen From Three Older Clients Money Spent On Extramarital Affairs Evans Law Firm, Inc. represents senior victims of financial elder abuse in San Francisco and throughout California, and pursues all remedies including double damages and payment of attorneys’ fees […]

ATTORNEY NEWSLETTER Used Power Of Attorney To Steal Millions Victim Did Not Live To See Sentencing Five Year Prison Sentence And Restitution To Estate Financial predators take advantage of elderly persons whether they are rich or poor, man or woman, living at home or residing in care facilities.  Financial predators […]

ATTORNEY NEWSLETTER Broker Pleads Guilty To Writing Checks To Himself Opened Credit Cards In Senior’s Name Five-Years Probation And Full Restitution Ordered Financial advisors and stockbrokers are potential financial predators of senior citizens.  While financial exploitation seems most often to occur when a “new” broker or advisor targets an elderly […]

ATTORNEY NEWSLETTER Alleged Misuse Of Power Of Attorney Victim Recent Widow And Dementia Sufferer Allegedly Took $450,000 From Victim Recently widowed seniors are especially vulnerable to financial elder abuse by all manner of financial predators.  If the recently widowed senior also suffers from dementia, the risk is even greater.  Financial […]

ATTORNEY NEWSLETTER Caregiver Sentenced To 51 Months In Prison Other Examples Of Financial Elder Abuse Protecting Older Loved Ones From Financial Abuse Financial abuse of elders and dependent adults is a widespread and growing plague in America and the potential financial predators seem to be everywhere – caregivers, insurance agents, […]

ATTORNEY NEWSLETTER Now Deceased Victim Lived In Care Facility Money Spent On Vacations And Personal Expenses Of Agent Care Facility Bills Unpaid At Victim’s Death The potential for abuse of a Power of Attorney (POA) is always present because the Attorney-in-Fact’s authority extends to almost every form of financial and […]

ATTORNEY NEWSLETTER SEC Penalizes Firm $500,000 Alleged Lack Of Supervision And Compliance Failures Broker Stole From 98 And 86-Year-Old Clients Investment firms have a responsibility for supervising brokers and advisors for securities law compliance and also for potential financial elder abuse of older clients.  A recent fine imposed by the […]

ATTORNEY NEWSLETTER Accused Of Misappropriating Millions Seniors Among Victims Money Allegedly Spent At Porsche Dealership And On Rent With inflation surging, retired Americans are understandably concerned about how their fixed incomes will cover future expenses. Dishonest financial advisors and brokers capitalize on this anxiety to offer investment “opportunities” paying higher […]