Category: Investment Fraud

ATTORNEY NEWSLETTER Attorney/CPA/Investment Advisor Allegedly Embezzled $2 Million Falsely Promised Seniors High Returns Funneled Investor Money Into Personal Accounts Evans Law Firm, Inc. represents seniors themselves who are victims of financial elder abuse and the children or other next of kin of deceased seniors who have been financially exploited.  Often […]

ATTORNEY NEWSLETTER Surrender Penalties On Withdrawals No Flexibility On Investments When Markets Change Commissions, Fees And Caps Diminish Returns Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some annuities may earn little to no interest.  If you try to exit the annuity […]

ATTORNEY NEWSLETTER Expensive To Get Your Money Back Loss Of Investment Control In Changing Markets Returns Eroded By Commissions, Fees And Administrative Costs Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some annuities may earn little to no interest.  If you try […]

ATTORNEY NEWSLETTER Insurance Agent Fraud And Financial Elder Abuse Many Seniors Among Victims Protecting Older Loved Ones Insurance agents and brokers serve as trusted advisors to their clients, ensuring that policyholders are adequately protected in the event of a loss.  However, on some occasions, unscrupulous agents abuse their profession for […]

ATTORNEY NEWSLETTER Many Victims Lost All Their Retirement Savings Homes At Risk Of Foreclosure Scheme Began Decades Ago Financial elder abuse can be limited to isolated transactions exploiting the elderly or can be a largescale fraud striking numerous elderly victims.  Seniors are often targets of Ponzi schemes, where money collected […]

ATTORNEY NEWSLETTER Aggressive Sales Tactics By Agents Always Review With Another Professional And Family Legal Protections For Senior Consumers Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Deferred annuities […]

ATTORNEY NEWSLETTER Deferred Annuities Are Unsuitable Investments For Seniors Costly Penalties On Getting Your Money Back Participation Rates And Caps And Fees Lower Returns Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future.  Evans Law Firm, Inc. […]

ATTORNEY NEWSLETTER Costly To Get Your Money Back Interest Crediting Rules Operate In Carrier’s Favor Contract Fees And Risks Of Loss Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but […]

ATTORNEY NEWSLETTER Investment Advisor Knew Seniors For Many Years False Promises Of Investment Opportunities Elderly Couple Lose 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 from those the senior has […]

ATTORNEY NEWSLETTER Nationwide Life and Annuity Insurance Company Annuities Nationwide’s New Heights© Products J.P. Morgan MOZAIC I and MOZAIC II Investment Strategies Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues various types of deferred annuities throughout the State of California.  Nationwide’s deferred annuity products […]