Category: Investment Fraud

ATTORNEY NEWSLETTER Claims of Fraud And Financial Elder Abuse Hundreds Of Thousands Paid In Fees Protecting Older Persons From Fraud Greedy financial advisors may prey upon an older person’s anxiety about money for the future by offering bogus “opportunities” promising high returns or unsuitable life insurance plans that generate substantial […]

ATTORNEY NEWSLETTER Claims of Coercion, Fraud And Financial Elder Abuse Presley’s Lawsuit Seeks Over $1 Million In Damages Protecting Older Persons From Fraud 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 […]

ATTORNEY NEWSLETTER Complicated And Costly Insurance Policies Penalties For Getting Your Money Back Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because […]

ATTORNEY NEWSLETTER Complex, Costly Insurance Contracts Locked In By High Exit Costs Investment Risk Is Not Insured Against Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose significant […]

ATTORNEY NEWSLETTER Deferred Annuities Are Complicated Insurance Contracts Penalties For Getting Your Money Back Commissions, Fees, Participation Rates And Caps 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. generally recommends against deferred […]

ATTORNEY NEWSLETTER Complicated And Costly Insurance Policies Penalties For Getting Your Money Back Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because […]

ATTORNEY NEWSLETTER Disadvantages For Seniors Policies Are Expensive And Complicated Withdrawals Penalties, Commissions And Fees Deferred annuities are extremely complicated insurance contracts sometimes running to 50-100 pages of technical language and actuarial tables. Seniors are often targeted by insurance agents with proposals for deferred annuities.  Evans Law Firm, Inc. generally recommends […]

ATTORNEY NEWSLETTER Complex Contracts With Penalties To Exit Sales Commissions And Fees Erode Returns Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid […]

ATTORNEY NEWSLETTER Fixed And Indexed Annuities Disadvantages For Seniors Surrender Penalties And Fees Deferred annuities are marketed in a variety of different product names by numerous life insurance carriers. The two primary types are fixed and indexed contracts, with many blends of both the “fixed” and “indexed” characteristics in between.  […]

ATTORNEY NEWSLETTER Older Customers Targeted in Ponzi Scheme Severe Losses For Older Investors Warning Signs Of Investor Fraud 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 Bernie […]