Category: Elder Abuse California

ATTORNEY NEWSLETTER Caregivers and Financial Elder Abuse Keep Valuables and Important Papers in a Safe Place Whenever a stranger is in an elderly person’s home or nursing home room, the senior’s valuables are at risk of theft. Unscrupulous caregivers strike quickly and it may be some time before the senior […]

ATTORNEY NEWSLETTER Seniors: Watch Out for Fraud by Financial Advisors, Insurance Agents, and Stock Brokers If You’re a Victim, We Can Help Unscrupulous insurance agents, financial and investment advisors, retirement planners, and stock brokers prey on seniors in particular. After all, seniors hold 1/3 of the nation’s wealth. Seniors may […]

ATTORNEY NEWSLETTER Financial Exploitation of Seniors Financial Elder Abuse from Caregivers, Insurance Agents, Advisors and More Financial exploitation of aging adults, particularly those with Alzheimer’s disease or other types of dementia, is a rampant form of elder abuse on seniors. These crimes are so widespread today that elder financial abuse […]

ATTORNEY NEWSLETTER Caregivers and Financial Elder Abuse Caregiver abuse is a real danger for seniors here in San Francisco and throughout California. In a recent example of just how vulnerable some seniors are, prosecutors in Southern California[1] last week accused one caregiver of 82 felony counts of embezzling money from […]

ATTORNEY NEWSLETTER Fraud Up as Annuity Sales Increase Unsuitable Products and Churning Annuity sales are up and so are cases of fraud, especially on seniors. The fraud on seniors varies but typically involves either the sale of unsuitable products or unlawful “churning,” where agents convince annuity owners to trade one […]

ATTORNEY NEWSLETTER Caregivers and Financial Elder Abuse Caregiver abuse is a real danger for seniors in Alameda County. Unscrupulous caregivers steal cash; use credit cards to buy things for themselves; gain access to bank accounts; exert undue influence to force gifts or Will changes; transfer property; take out loans in […]

ATTORNEY NEWSLETTER Keeping Retirement Savings for Yourself The closer you get to retiring the more you try and save for the future. While saving as much as you can is important, where you put those savings is equally important. Insurance agents, financial advisors, brokers, and retirement planners push annuities and […]

ATTORNEY NEWSLETTER Private-Equity Firms, Conglomerates, and Nursing Homes When Quality Care Loses Out to the Bottom Line Conglomerates and private-equity firms own huge numbers of nursing homes in the United States and the impact on the residents in those homes is not good. The focus is on profits not care. […]

ATTORNEY NEWSLETTER Caregivers and Financial Elder Abuse Bankers Detect Fraud Senior Captive in Her Own Home Caregiver fraud on the elderly is a very real, and growing, danger. Financial elder abuse by a caregiver may include free use of credit and ATM cards, unauthorized purchases, access to bank accounts and […]

ATTORNEY NEWSLETTER Beware Equity Indexed Annuities Modest Yields, Fees, and Withdrawal Charges Annuity carriers and agents push what they claim are “safer” investment products in volatile markets. Anxious seniors, with money to invest and concerns about future income, worry about low rates on insured deposits on the one hand and […]