ATTORNEY NEWSLETTER Alleged Theft By Attorney-in-Fact Occurred Over Three-Month Period Victim In Mental Health Facility And Unaware Of Fraud Allegedly Spent Gambling And On Hotels And A New Car Misuse of Powers of Attorney (POAs) is always against the law.  Probate Code § 4231.5.  But when the principal is an […]

ATTORNEY NEWSLETTER 65 Unauthorized Checks On Resident Trust Funds $73,521.68 In Restitution Ordered Six Months Jail Sentence Seniors in assisted care or skilled nursing facilities face the risk of financial elder abuse by dishonest staff members similar to the risks seniors living at home do from dishonest in-home caregivers.  Theft […]

ATTORNEY NEWSLETTER Over $300,000 Missing From Elderly Couple’s Accounts Numerous Unauthorized Online Transfers Additional Forgery Charges  Seniors under the care of in-home caregivers or other strangers in their homes are particularly vulnerable to financial elder abuse. This kind of financial elder abuse often takes the form of stolen valuables (jewelry […]

ATTORNEY NEWSLETTER Threatened Elderly Victim For Money Theft Allegedly Left Victim Without Rent Money Suspicious Transactions Discovered By Granddaughter Financial elder abuse of seniors by dishonest and greedy caregivers is one of the most pervasive forms of financial elder abuse.  Reports of caregiver fraud and abuse appear almost every day […]

ATTORNEY NEWSLETTER Many Victims Lost All Their Retirement Savings Homes At Risk Of Foreclosure Scheme Began Decades Ago Financial elder abuse can be limited to isolated transactions exploiting the elderly or can be a largescale fraud striking numerous elderly victims.  Seniors are often targets of Ponzi schemes, where money collected […]

ATTORNEY NEWSLETTER Aggressive Sales Tactics By Agents Always Review With Another Professional And Family Legal Protections For Senior Consumers Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Deferred annuities […]

ATTORNEY NEWSLETTER Controlled 88-Year-Old Client’s Finances By Power Of Attorney Unauthorized Transfers Of Money To Personal Accounts Money Stolen Before And After Victim’s Death Many incidents of financial elder abuse of a senior involve someone, like a caregiver or new or long lost “friend”, who moves in (sometimes, literally) and […]

ATTORNEY NEWSLETTER Allegations Of Attorney-in-Fact Misuse Of POA $891,000 In Damages Claimed By Senior Title To Senior’s Home Allegedly Taken Financial powers of attorney (POAs) are extremely important legal instruments which grant appointed persons (referred to as agents or attorneys-in-fact) full legal authority to act for the principal who executes […]

ATTORNEY NEWSLETTER Accused Of Stealing Over $700,000 Allegedly Falsified Business Loan Applications Kept Victim Isolated We cannot emphasize strongly enough that it is always a mistake to involve a caregiver in a senior’s finances.  Always.  Even if the caregiver is an honest person, he or she likely knows little about […]

ATTORNEY NEWSLETTER Spotting Power Of Attorney Abuse How Agents Use POAs To Enrich Themselves Stopping And Suing For POA Abuse A power of attorney is a document authorizing one or more people (“agent(s)” or “attorney(s)-in-fact”)) to act on behalf of another (the “principal”) in financial or medical matters. Financial powers of […]