Category: Los Angeles financial elder abuse

ATTORNEY NEWSLETTER Alleged Caregiver Theft From Assisted Care Facility Residents One Victim’s Family Discovers Suspicious Charges $16,000 In Unauthorized Charges According To Police Whenever a dishonest caregiver or other stranger enters a senior’s home or a senior’s room in any sort of care facility, any credit and debit cards and […]

ATTORNEY NEWSLETTER Plead Guilty To Falsifying Paychecks and Timecards Sentenced To Five-Years Probation And Restitution Pursuing Civil Remedies Cash, checks and credit cards can disappear quickly whenever a dishonest stranger or caregiver enters an elderly person’s home.  It may be a one-time theft or a more sustained theft through writing […]

ATTORNEY NEWSLETTER Accused Of Fraudulent Online Bank Transfers  Police Say Caregiver Abandoned Victim For Hours Victim Found Wandering In Road No one should ever let a stranger in their home.  Particularly if you are an older person living alone.  A dishonest stranger posing as a caregiver can rapidly take advantage […]

ATTORNEY NEWSLETTER Many Victims Lose Retirement Savings Other Victims Have Homes At Risk Of Foreclosure Advisor’s Abusive Scheme Continued For Years Financial elder abuse takes various forms and in many cases can be financially devastating for seniors; financial elder abuse also takes a toll on a senior’s health with victim’s […]

ATTORNEY NEWSLETTER Misuse Of Power Of Attorney Over Annuity Six Unauthorized Withdrawals Totaling $120,000 Two Years In Prison And Restitution Individuals with powers of attorney (POAs) for someone else have full legal authority over that person’s financial affairs, unless the instrument limits their power in some way.  The scope of […]

ATTORNEY NEWSLETTER Elder Abuse Comes In Different Forms Looking For Signs Of Neglect And Abuse Safeguarding Older Loved Ones From Abuse And Neglect Elder abuse can be physical, emotional, financial, and verbal; neglect and abandonment are also forms of elder abuse. The National Council on Aging says up to five million older […]

ATTORNEY NEWSLETTER Civil Penalties And Criminal Charges For Misuse Examples Of Power Of Attorney Misuse Enhanced Remedies For Seniors Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), grant authority over […]

ATTORNEY NEWSLETTER $6 Million Stolen From Elderly Clients Money Spent By Financial Advisor For Personal Expenses Long Prison Sentence And Restitution Ordered Seniors are potentially financial elder abuse victims from many different directions: by in-home caregivers; insurance agents, trustees, conservators, second spouses, boyfriends or girlfriends, or financial advisors.  Predators may […]

ATTORNEY NEWSLETTER 81-Year-Old Victim Victim Entrusted Caregiver To Pay His Bills Authorities Allege Caregiver Stole Thousands The consequences of financial elder abuse on senior victims can be devastating.  Some elderly victims are driven to the brink of homelessness due to lack of funds to pay their rent.  There are instances […]

ATTORNEY NEWSLETTER Fixed Indexed Annuities From Nationwide Life and Annuity Insurance Company Nationwide’s New Heights© Fixed Indexed Annuities 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 […]