Category: Blog

ATTORNEY NEWSLETTER The Final Arbiter What is arbitration? Though you may not know what arbitration is, you’ve almost certainly agreed to it. Mandatory arbitration has been a common feature of contracts for years: buried deep in the iTunes renewal contract or a cable provider’s paperwork, there’s probably a clause that […]

ATTORNEY NEWSLETTER Annuities: a Mysterious Maze Lots of questions come up when we talk about annuities. What is an annuity? How does it work? It is a smart investment? An annuity is a contract between a buyer and an insurance company. Sometimes, a broker/dealer intervenes in the transaction and tries […]

Why We Aren’t Fond of Annuities Annuities are something of an open discussion among financial planners and California fraud attorneys. While many believe that annuities have become a major vehicle for potential elder abuse and scam artists, others argue that they have redeeming qualities that can make them useful for […]

Hospital in California Allegedly Involved in a Healthcare Fraud Including Kickbacks, Justice Claims $600 Million in Return ATTORNEY NEWSLETTER In California, the Pacific Hospital is involved in a healthcare fraud case with an alleged $600 million in falsified billing in an eight-year period. The scheme was allegedly created by the […]

California Annuity Fraud Attorneys Discuss Transparency in Annuities ATTORNEY NEWSLETTER If you or someone you know is the owner of an annuity, you know firsthand exactly how confusing and complex those products can be. Buying one involves mountains of paperwork and piles of money. Annuities are major investments, and some […]

ATTORNEY NEWSLETTER The IRS Whistleblower Reward Increased in Fiscal 2016 The IRS announced that rewards paid to whistleblowers from October 1st, 2015 to September 30, 2016 will have a 6.8 percent deduction. There is a similar deduction from the award every year, typically taken to pay outstanding government debts, and […]

ATTORNEY NEWSLETTER Deferred Annuities – What to be aware of There are a number of ways that insurance companies use to convince elders in to purchasing annuities. Sometimes it is a broker-dealer or an insurance agent who contacts you, offering a free-lunch, free financial advices or financial services for a […]

Transamerica, Fidelity and Guarantee, and Gambling with your Life ATTORNEY NEWSLETTER There’s a reason Life Insurance is considered a safe bet. For over a century, these policies have been among the most carefully regulated in the financial world. Insurers like Transamerica, Allstate, and Fidelity and Guarantee are obligated to have […]

ATTORNEY NEWSLETTER Two women were arrested by the police on suspicion of elder abuse, specifically to have misrepresented themselves as employees of Placer County Health and Human Services to an 89 year old person. They posed as county employees and persuade their victim to move in and give them money […]

ATTORNEY NEWSLETTER It’s a sad truth that as we get older, we are more and more likely to be taken advantage of by those around us, be it emotionally, financially, or physically. Seniors are frequent targets of scams, tend to be isolated from support, and may lack the physical or […]