Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Caregiver Marries Dementia Sufferer Misappropriates Up To $300,000 Of Funds Changes To Property Deed And Will California law presumes that gifts – made either during life or at death – by an elder or dependent adult to their care custodian[1] are the product of undue influence (a defined […]

ATTORNEY NEWSLETTER Defendant Allegedly Ran Scheme For Ten Years $32 Million In Losses To Elderly Investors Charges Of Financial Elder Abuse, Forgeries, And Theft Financial elder abuse can be limited to isolated transactions exploiting the elderly or can be a largescale fraud striking numerous elderly victims.  Seniors are often targets […]

ATTORNEY NEWSLETTER Caregiver Allegedly Stole From 95-Year-Old Patient Accused Of Cashing Forged Checks Bank Employee Reports Suspicious Activity Whenever a caregiver or other stranger is in a senior’s home there is a very real danger of theft, whether the caregiver comes through an agency or is a direct hire. The […]

ATTORNEY NEWSLETTER Aggressive Sales Tactics Inadequate Supervision And Omissions Of Important Information Misleading Sales Materials Annuity fraud takes place when seniors are sold annuity products they do not want or need. Insurance agents push these products because the sales generate substantial commissions and the carriers receive large premium payments. Evans […]

ATTORNEY NEWSLETTER Used Joint Account To Steal Advisor Transferred Money To Joint Account 60 Withdrawals For Advisor’s Benefit Totaling $668,000 Caregivers, financial advisors and others often cultivate a personal relationship with a senior deliberately in order to take advantage of the closeness and the sense of dependence and trust such […]

ATTORNEY NEWSLETTER Caregiver Arrested For Unauthorized Credit Card And ATM Use Investigation Lasted Over One Year Suspect Formerly Employed At Residential Care Facility Seniors residing in nursing homes and other care facilities are at risk of financial elder abuse by facility staff in much the same way as older persons […]

ATTORNEY NEWSLETTER Three-Years Of Defrauding Elderly Dementia Sufferers Account Access And Unauthorized Charges Charges Money Spent On Cruises, Vacations and Plastic Surgery Whenever a caregiver or other stranger is in a senior’s home there is a very real danger of theft, whether the caregiver comes through an agency or is […]

ATTORNEY NEWSLETTER California AG Alleges $1.3 Million Fraud Charges Of Theft, Securities Fraud And Financial Elder Abuse Six Victims Of Fraudulent Scheme Largescale fraudulent investment schemes against elderly victims violate securities laws constitute financial elder abuse.  See Cal. Corp. Code §§ 25401, 25540 and 25541 (fraud in securities offerings; Penal […]

ATTORNEY NEWSLETTER Avoid High-Pressure Tactics And Quick Decisions Downsides Of IULs For Seniors Rising Premiums And Policy Lapses Evans Law Firm, Inc. generally cautions against indexed universal life insurance (IULs) for senior consumers because IULs are expensive, complicated, and tie up invested money for long periods of time.  IULs, like […]

ATTORNEY NEWSLETTER Bookkeeper Accused Of Stealing From Elderly Clients  Suspicious Victims Contacted Police Unauthorized Withdrawals And Deposits To Her Own Account As people grow older they sometimes retain bookkeepers to pay their bills and manage their finances.  In California a licensed professional fiduciary may be an appropriate choice when a […]