ATTORNEY NEWSLETTER

The Terrible Truth of Financial Elder Abuse

Financial Elder Abuse

Vulnerable populations are often the easiest to take advantage of, and elders are no exception. Financial elder abuse is a crime on the rise, and it costs elders, families, caretakers, and even the government a great deal of money each year. Fighting elder abuse can be a difficult task, but with attorneys who are versed in the field, it is actually quite tactical and specific. If you or someone you know is a victim of elder abuse, in Marin County or outside, call the Evans Law Firm elder abuse attorneys today at 415-441-8669.

In a recent case of elder abuse, elders gave a group of individuals their gold collections. The defendants told the elders that they would certify and sell their gold and give them the proceeds. Instead, the defendants were indeed certifying and selling the gold, but they were keeping the money for themselves. After one elderly couple came forward with their story, more elders began to recognize that they too were victims of this financial elder abuse and fraud. The criminal case is being handled with the District Attorney’s Office in Santa Cruz, California.

Prevention

Financial elder abuse can happen to any senior, and it can look very different from one instance to the next. However, it is important to prevent financial elder abuse before it happens. Some easy tips for prevention are to do background checks on individuals before giving them your money or, in this case, prized possessions. Never be afraid to ask someone for a second opinion on an investment or potential money-making idea. Remember: deals that are “too good to be true,” probably are.

Contact Us

If you or a loved one been the victim of elder abuse or financial elder abuse in Marin County, or in any California county, contact the Evans Law Firm elder abuse attorneys at (415) 441-8669, or by email at info@evanslaw.com. Our attorneys have experience with complex financial contracts and large insurance companies. We can help guide your case through a jury trial or toward an equitable settlement. We handle cases involving physical and financial elder abuse, qui tam and whistleblower law, nursing home abuse, whole life insurance and universal life insurance, and indexed, variable, and fixed annuities.