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Category: California Financial Elder Abuse Attorney

San Francisco and California Financial Elder Abuse Attorney: Financial Advisor Sentenced For Stealing $25 Million From Elderly Investors

ATTORNEY NEWSLETTER Five-Year Scheme Targeted Retirees $25 Million In Losses To More Than 300 Victims Financial Advisor Sentenced To 35 Years In Prison Unscrupulous financial advisors, insurance agents and retirement planners (among others) often target seniors with their fraudulent schemes.  Typically, the approach is to offer a senior an investment […]

Marin County and California Financial Elder Abuse Attorney: Insurance Agent Arrested For Stealing From Elderly Clients

ATTORNEY NEWSLETTER Agent Accused Of Stealing $1.2 Million 14 Elderly Clients Were Victims Accusations Of Stolen Premiums, Lies, And Falsified Documents Seniors are all potential victims of financial elder abuse and predators include in-home caregivers, insurance agents and other salespeople, bankers, trustees, conservators, financial advisors, brokers, contractors, second spouses, and […]

Oct 22, 2021 - Annuities by |

Santa Clara County Financial Elder Abuse Attorney: Deferred Annuities Unsuitable Investments For Seniors

ATTORNEY NEWSLETTER Beware High-Pressure Sales Tactics Beware High Surrender Charges Beware Agents Urging You To Switch Annuities Sales of unsuitable insurance products to seniors by insurance carriers and agents may constitute financial elder abuse under Cal. Welf. & Inst. Code § 15610.30 and violations of the California Insurance Code. See, […]

Los Angeles and Orange County Financial Elder Abuse Attorneys: SEC Shuts Down $17.6 Million Ponzi Scheme Targeting Mostly Retirees

ATTORNEY NEWSLETTER SEC Charges Couple With Running Ponzi Scheme 200 Victims Include Many Elderly Retirees Emergency Action Appointing Receiver To Preserve Assets Financial elder abuse can be abuse of a particular senior citizen or can be a largescale fraud such as a Ponzi scheme, where fraudsters use money collected from […]

Oct 19, 2021 - Annuities by |

Santa Cruz County Financial Elder Abuse Attorney: Return Calculations, Fees, And Surrender Charges In Deferred Annuities

ATTORNEY NEWSLETTER Disadvantages For Older Consumers Especially Limitations On Returns And Accumulated Fees Getting Out Of An Annuity Is Expensive Evans Law Firm, Inc. recommends that seniors avoid deferred annuities because over the years we have seen many older consumers lose money on deferred annuities as the result of high […]

California Financial Elder Abuse Attorney: Biden Department Of Justice Takes Initiative Against Financial Elder Abuse

ATTORNEY NEWSLETTER Elder Justice Initiative Increased Prosecution Of Elder Abuse At Federal Level Protecting Your Loved Ones From Financial Exploitation Under the Biden Administration, the federal government is taking new steps against the epidemic of elder abuse in this country.  The U.S. Department of Justice (DOJ) has committed to an […]

Los Angeles Financial Elder Abuse Attorney: Financial Advisor Convicted Of Theft Of $1.3 Million From Elderly Client

ATTORNEY NEWSLETTER Advisor Allegedly Withdrew Funds From Client’s Trust Authorities Discover 20 Fraudulent Letters Of Withdrawal Withdrawals Total $1.3 Million Seniors are targeted by caregivers, insurance agents, financial advisors, investment and retirement planners, trustees, contractors and total strangers for all types of financial abuse and exploitation.  The abuse may continue […]

San Mateo County Financial Elder Abuse Attorney: Caregiver Pleads Guilty To Stealing $450,000 In Rare Coins And Collectibles From Elderly Couple

ATTORNEY NEWSLETTER Caregiver Allegedly Stole Rare Coins And Collectibles Family Noticed Missing Items Caregiver Allegedly Taunted Elderly Couple About Missing Items Whenever a paid caregiver or a stranger is in the home of the elderly, there is a risk of theft and financial abuse.  Often the theft is of cash […]

Napa Financial Elder Abuse Attorney: Disadvantages Of Deferred Annuities Over Direct Mutual Fund Investments

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities Compare To Other Investments Withdrawal Penalties And Taxation As a significant part of our financial elder abuse litigation, Evans Law Firm, Inc. has represented older consumers lose money on deferred annuities as the result of high sales commissions, annual fees and rider fees; returns […]

San Francisco Financial Elder Abuse Attorney: Financial Advisors Pleads Guilty To Taking From Elderly Clients

ATTORNEY NEWSLETTER Advisors Accused Of Stealing From Older Clients Forgeries And Using Revoked Power Of Attorney  Accessing Client’s Accounts After Being Fired Taking a senior’s property and money is a crime and grounds for civil suit.  See Cal. Penal Code § 368 (crime of elder abuse) and Cal. Welf. & […]

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