Category: Los Angeles financial elder abuse

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 […]

ATTORNEY NEWSLETTER Schemes Undetected For Years  False Cover-Ups To Hide Abuse Forged Checks And Unauthorized Credit Card Use Whenever another person is in charge of someone else’s money there’s a risk of theft.  This is especially true for older persons who entrust someone else to handle their finances. Given the […]

ATTORNEY NEWSLETTER Wrote Victims’ Checks To Herself Zelle Transfers To Her Own Account Online Payments For Caregiver And Husband Often a dishonest caregiver with access to a senior’s cash or bank accounts steals in relatively small amounts.  If the caregiver believes he or she is getting away with their theft, […]

ATTORNEY NEWSLETTER Forms Of Elder Abuse  Signs Of Neglect And Abuse Protecting Older Loved Ones From Abuse And Neglect The most common types of abuse are physical, emotional, financial, and verbal. The National Council on Aging says up to five million older Americans are abused yearly, and the annual loss by victims […]

ATTORNEY NEWSLETTER Allegedly Improper Money Transfers And Credit Card Use Allegedly Used POA to Write Checks To Himself  Elderly Victims Left With No Money In Account Powers of attorney (POAs) grant the agents appointed under them full legal authority to act for the principal who executes the POA.  The person […]

ATTORNEY NEWSLETTER Owner/Operator Sentenced To Seven Years In Prison 51 Counts Of Financial Exploitation Of Disabled Person Residents Deprived Of Food And Care Financial abuse of elder and dependent adults often goes hand in hand with neglect of those victims as well.  This is often because the in-home caregiver or […]

ATTORNEY NEWSLETTER Had Victim Sign Blank Checks Checks Supposedly For Food And Expenses Family Member Discovers Alleged Fraud Betrayal of an elder’s trust by a dishonest caregiver may occur almost immediately when the dishonest caregiver enters a senior’s home or a sustained scheme over time which drains the senior’s bank […]

ATTORNEY NEWSLETTER Suspect Is Home Health Aid For 90-Year-Old Victim Caregiver Allegedly Used Debit Cards For $26,000 In Purchases Victim’s Family Alerts Police Of Suspicious Activity Dishonest caregivers with access to credit cards and debit cards of their elderly patients may quickly use the cards for unauthorized purchases and withdrawals.  […]

ATTORNEY NEWSLETTER Accused of Running $3.2 Million Fraudulent Investment Scheme One Elderly Client Defrauded Of $400,000 Ordered To Pay Restitution And Serve 6 ½ Years In Prison Financial advisors and stockbrokers are potential financial predators of senior citizens.  Sometimes, the relationship between the broker and the senior is brand new […]

ATTORNEY NEWSLETTER Financial Elder Abuse Of Seniors Signs Of Financial Exploitation Social, Physical And Behavioral Clues As we age, we may grow dependent on the help of others.  The process may be gradual or sudden (as after a stroke or accident).  Either way, increased dependence on others opens up the […]