Category: Investment Fraud

ATTORNEY NEWSLETTER Aggressive Sales Tactics By Some 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 […]

ATTORNEY NEWSLETTER Accountant And Financial Advisor To Elderly Alleged Misrepresentations Regarding “Safe Investments” Many Victims Lost Retirement Savings Any American can be a victim of investment fraud but older investors are particularly vulnerable to fraud.  Financial predators may target older investors with high-yield ventures, seizing on senior anxiety about the […]

ATTORNEY NEWSLETTER  “Retirement Counseling” Sessions Be Wary Of Annuity Sales Soon-to-retire federal employees in California should use caution if they receive a flyer or see a poster for a “counseling session”, “workshop” or seminar. Also, you may just receive a flyer encouraging you to contact “retirement specialist” without any seminar […]

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 Annuity Sales Commissions Are Significant Premium “Bonuses” Are Phantom Benefit Lengthy And Costly Surrender Periods Deferred annuities, like fixed indexed annuities, are long and complicated insurance contract under which an insurance company agrees to pay you income at regular intervals in the future in return for an upfront […]

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 Defendants Accused Of Running $12 Million Ponzi Scheme 50 Reported Victims Include Many Seniors Victims Lost Retirement Savings Seniors may often be the targets in investment fraud schemes.   Promoters and financial advisors touting fraudulent schemes may lure older investors with supposed “opportunities” promising high returns, seizing on senior […]

ATTORNEY NEWSLETTER Be Wary Of Indexed Annuity Proposals Understand The Surrender Penalties And Fees Caps On Returns 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. Many deferred annuities impose […]