Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Case Example Monitoring Senior’s Accounts Detected Irregularities Protecting Seniors From Financial Elder Abuse And Caregiver Fraud Fraud on seniors by their paid in-home caregivers (referred to as “caregiver fraud”) is a recurring form of financial elder abuse. Whenever a dishonest caregiver or other stranger enters a senior’s home […]

ATTORNEY NEWSLETTER Caregiver Theft From Elderly Couple Caregiver Admits To Forgeries And Other Crimes Protecting Older Loved Ones From Caregiver Fraud/Caregiver Theft Many caregivers are hardworking, compassionate people who truly care for the older persons they take care of.  But the reality is that they are also dishonest, greedy, and […]

ATTORNEY NEWSLETTER Caregiver Fraud/Caregiver Theft Recent Case Example Protecting Your Older Loved Ones From Caregiver Fraud/Caregiver Theft Fraud by dishonest caregivers ranges from theft of cash, credit cards and checks to elaborate schemes aimed at taking an elderly victim’s entire estate.  Online access to an elderly person’s financial accounts is […]

ATTORNEY NEWSLETTER Deferred Annuities Are Not For Seniors Costly, Complex Contracts Withdrawals Penalties, Commissions And Fees Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in fact deferred annuities, like […]

ATTORNEY NEWSLETTER Money Missing From Elder’s Accounts Fraudulent Checks And Phony “Gifts” Remedies For Seniors And Their Families Older persons lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. The true figure is likely much, much higher […]

ATTORNEY NEWSLETTER Example Of In-Home Caregiver Fraud Caregiver Allegedly Altered Checks Protecting Seniors From Caregiver Fraud Dishonest persons with access to an older person’s money, bank accounts or confidential information may take advantage of that access to wrongfully take a senior’s money or property,. If they do so, they are […]

ATTORNEY NEWSLETTER Powers Of Attorney Confer Complete Control Over Finances The Broad Authority Can Be Abused Liability Of Appointed Agents For Wrongdoing Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, and medical powers of attorney, known in California as an Advance Health Care Directives (AHCDs), […]

ATTORNEY NEWSLETTER FINRA Prosecutions For Fraud Case Example Protections And Remedies The Financial Industry Regulatory Authority (FINRA) is a non-governmental entity that governs the financial industry from within.  FINRA polices member investment firms for compliance with regulations meant to ensure integrity in financial markets and protect consumers from fraud or […]

ATTORNEY NEWSLETTER 94-Year-Old Victim Of Caregiver Fraud Falsified/Altered Checks Alleged Over $35,000 Missing In Just Seven Months Access to credit cards and checks is a recurring source of financial elder abuse against seniors.  Dishonest caregivers or other strangers working in a senior’s home may grab checks or cards and use […]

ATTORNEY NEWSLETTER Various Forms Of Elder Abuse Spotting Neglect And Abuse Of Older Loved Ones Protections And Remedies For Victims The National Council on Aging says up to five million older Americans are abused yearly, and the annual loss by victims of financial elder abuse is estimated to be at least $36.5 […]