Category: California Financial Elder Abuse Attorney

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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. & […]