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Monthly Archives: June 2021

Los Angeles and Orange County Financial Elder Abuse Attorneys: California Attorney General Announces Charges Against Several For Ponzi Scheme On Seniors

ATTORNEY NEWSLETTER Attorney General Bonta Brings Charges 15 Individuals Charged With Ponzi Scheme Targeting Elderly Elderly Investors Allegedly Defrauded Out Of $5 Million Statistics show that seniors are more vulnerable to investment fraud than younger investors.  When they are, the actions of the wrongdoer also constitute financial elder abuse in […]

California And Napa County Financial Elder Abuse Attorney: Expanding Protections For Seniors From Financial Elder Abuse

ATTORNEY NEWSLETTER New California Attorney General Urges Greater Protection Congressional Legislative Initiatives To Protect The Elderly  Attorney General Bonta Focuses On Financial Exploitation Of Seniors Authorities from around the country are reporting record spikes in financial elder abuse cases during the pandemic. The FBI estimates that nearly $3 billion is […]

Marin County Financial Elder Abuse Attorney: Caregiver Allegedly Stole $90,000 And Sold Home Of Elder Patient

ATTORNEY NEWSLETTER Authorities Arrest Caregiver Accused Of Financial Elder Abuse And Theft Caregiver Allegedly Forced Senior To Approve Cash Withdrawal Charges Of Theft, Forgery And Financial Exploitation All seniors are potential victims of financial elder abuse, but some are more vulnerable than others.  Especially vulnerable are h isolated seniors requiring […]

California and Marin County Annuity And Financial Elder Abuse Attorneys: High Sales Commissions On Annuities And Other Risky Investments

ATTORNEY NEWSLETTER Agents Earn High Commissions On Deferred Annuity Sales The Riskier The Investment The Higher The Commission Commissions Versus Fee-Based Advice Risky investments like fixed indexed and variable annuities, non-traded REITs (real estate investment funds), and private placements typically pay out high commissions – some as high as 10% […]

Los Angeles Annuity and Financial Elder Abuse Attorneys: Seniors Should Understand Annuities Before They’re Sold One

ATTORNEY NEWSLETTER Long-Term Insurance Policies  Pressure Sales Tactics High Commissions, Hidden Fees And Surrender Penalties  All deferred annuities are complicated and risky, indexed annuities are particularly complex and full of risk.  These complications and risks are especially dangerous for seniors; if a policyholder needs his or her money back for […]

San Francisco and California Financial Elder Abuse Attorney: Financial Elder Abuse By Insurance Agents

ATTORNEY NEWSLETTER Insurance Agent Charged With Insurance Fraud And Financial Elder Abuse Thirty-Two Victims Including Many Seniors Fraudulent Documents Allegedly Covered Up Fraud Financial elder abuse strikes seniors from many quarters, and insurance agents are among those who can swindle seniors out of money.  Agents may exploit older consumers by […]

Jun 23, 2021 - Evans Law Firm by |

Los Angeles and Orange County Whistleblower Attorney: $12.6 Million Settlement of False Claims And Kickback Allegations Against Drug Maker

ATTORNEY NEWSLETTER Allegations of Illegal Kickbacks in Sales of Cancer Drug Allegations Of Falsified Eligibility Records And Pressure To Cover Patient Co-Pays $3.59 Million As Reward For Former Executive The government, and private individuals suing on behalf of the government, rely on a number of statutes to combat fraud within […]

California and San Francisco Financial Elder Abuse Attorney: Theft Of Cash And Credit Cards From Seniors

ATTORNEY NEWSLETTER Seniors Targeted For Theft Of Cash And Credit Cards  Caregivers And Others With Access Unauthorized Purchases And Theft Of Cash Seniors are the most vulnerable segment of our population to risk of theft or financial exploitation.  Theft and abuse range from theft of relatively small amounts of cash […]

Jun 21, 2021 - Annuities by |

California and Los Angeles Financial Elder Abuse Attorney: Unsuitable Annuities Sold To Older Consumers

ATTORNEY NEWSLETTER Disadvantages of Deferred Annuities High Pressure Sales And Other Questionable Practices Replacements And Exchanges Particularly Disadvantageous Deferred annuities present real, potential problems for seniors through contract costs and especially the surrender penalties incurred when the policyholder wants to take his or her money out. When selling annuities to […]

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