ATTORNEY NEWSLETTER Diagnostic laboratories, a California based medical laboratory agreed to pay $19.4 million to settle a whistleblower case.  The money will be paid to federal and state governments.  The two whistleblowers alleged that their employment was terminated at the company after they reported kickbacks and secret discounts. California whistleblower […]

ATTORNEY NEWSLETTER California is anticipated to pass three new bills that would strengthen elder abuse laws in the state.   Among other things, the definition of undue influence would be updated as it relates to financial elder abuse.  Notary Publics are now required to report suspected financial elder abuse when they […]

ATTORNEY NEWSLETTER A Wells Fargo financial professional recently helped to save a client from losing money in a scam targeting senior citizens.  The 78-year old client thought that he won an overseas lottery.  Instead, he became a victim of financial elder abuse via a typical lottery scam.  The Wells Fargo […]

ATTORNEY NEWSLETTER Sweepstakes scams continue to rack up victims, despite warnings to the public.  Often, senior citizens are the target of these types of scams.  Thus, sweepstakes scams are a form of financial elder abuse.  In a typical sweepstakes scam, a fraudster contacts an elderly victim and informs them that […]

ATTORNEY NEWSLETTER A recent whistleblower lawsuit accused Quest Diagnostics of defrauding a state Medicaid program.  Quest Diagnostics is an operator of medical laboratories in the United States.  The whistleblower lawsuit alleges that Quest diagnostics defrauded a state Medicaid program by billing it at higher rates than other customers.  California whistleblower […]

ATTORNEY NEWSLETTER A California duo allegedly committed financial elder abuse by swindling an elderly mentally ill woman out of thousands of dollars.  The defendants are a couple who reside in Riverside County.  They allegedly befriended the elderly mentally ill woman and talked her into giving them money and goods.  California […]

Deferred annuity insurance policies often target senior citizens for their sale. Companies, such as Principal Life Insurance Company, offer deferred annuities that give the individual peace of mind that they have invested a portion of their funds into a life insurance policy, to care for the people they leave behind—a […]

ATTORNEY NEWSLETTER The Securities and Exchange Commission recently announced its largest reward to date for $14 million dollars.  The whistleblower who received the award gave information to the Securities and Exchange Commission that lead to an enforcement action that recovered substantial funds.  Whistleblowers who receive payments get the money from […]

ATTORNEY NEWSLETTER You don’t expect the manager of a major bank to walk off with hundreds of thousands of dollars of your money, yet this appears to be a crime perpetrated with increasing regularity against elders in California. Oakland banker Linda Sue Foss was recently charged by the Alameda County […]

ATTORNEY NEWSLETTER The founder of Beanie babies, Ty Warner, was recently charged with tax evasion.  The charge stems from his ownership of offshore accounts that were not reported to the IRS.  He says that he will plead guilty and pay the $53 million fine for IRS tax evasion.  According to […]