Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER 1500 Unauthorized Transactions Discovered By Authorities Caregiver Accessed Retirement, Checking And Savings Accounts Elderly Husband And Wife Suffer From Alzheimer’s Unscrupulous caregivers with access to a senior’s bank account information can, if undetected, execute unauthorized transfers and withdrawals and forge checks to drain those accounts for themselves.  Seniors […]

ATTORNEY NEWSLETTER Understanding The Disadvantages Of Universal Life Insurance Six Issues To Consider Always Get A Second Opinion Evans Law Firm, Inc. generally cautions against universal life insurance and deferred annuities for senior consumers because these insurance products are expensive, complicated, and tie up invested money for long periods of […]

ATTORNEY NEWSLETTER Prohibitions Against Sales Of Unsuitable Insurance Policies Unsuitable Sales To Seniors Is Financial Elder Abuse Red Flags In Sales Pitches Insurance agents who sell unsuitable insurance products, including indexed annuities, to seniors violate the California Insurance Code and Financial Industry Regulatory Authority (FINRA) regulations against the sale of […]

ATTORNEY NEWSLETTER Victim Suffered From Alzheimer’s $117,000 In Suspicious Transactions In Bank Account Audit Uncovers Misuse Of Power Of Attorney Financial Powers of Attorney (POAs) grant the agent acting under them broad powers over virtually all of a principal’s financial affairs and allow access to bank accounts.  See Cal. Prob. […]

ATTORNEY NEWSLETTER Family Discovers Large, Unusual Transactions Caregiver Had Senior’s Credit Card And Checks Caregivers Alleges That Senior Made Gifts To Her There is a very real danger of theft and financial elder abuse whenever a caregiver has access to a senior’s credit cards, cash, checks, or bank account information.  […]

ATTORNEY NEWSLETTER Caregiver Arrested On 99 Felony And 11 Misdemeanor Charges Accused Of Stealing Jewelry, Money And Drugs Also Charged With Withholding Care From 44 Residents Seniors under the care of other persons are at risk of all manner of elder abuse, including financial, emotional, physical, and sexual abuse.  Often, […]

ATTORNEY NEWSLETTER CPA Allegedly Caught When Trying Transfer $500,000 To Himself  More Than $1.5 Million Allegedly Taken By Checks And Wires  CPA Allegedly Hired Unqualified Caregivers For Clients Powers of Attorney (POAs) are incredibly and powerful legal instruments that grant broad powers over virtually all of a principal’s affairs.  When […]

ATTORNEY NEWSLETTER 100,000 Complaints Of Financial Elder Abuse In 2020 FBI Froze $13.5 Million Before Victims Lost To Fraud Assisted Care Residents Particularly Vulnerable In the fiscal year ended June 30, 2021, the U.S. Department of Justice (DOJ) brought more than 220 criminal and civil enforcement actions covering almost 20 […]

ATTORNEY NEWSLETTER Thanksgiving Day 2021 Reunite With Seniors Enjoy Safe Celebrations All of us at Evans Law Firm, Inc. wish you a very happy and safe Thanksgiving Day. Thanksgiving is the perfect time for family and friends to gather together, and this year brings an opportunity to safely include older […]

ATTORNEY NEWSLETTER Family Hired Caregiver Through Agency Within A Few Hours Caregiver Allegedly Accessed Accounts  Wire Transfer And Stolen Cash And Credit Cards We have previously advised that financial abusers strike quickly when they have access to cash, checks, credits cards and bank accounts online.  A recent case, discussed below, […]