Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Older Customers Targeted in Ponzi Scheme Severe Losses For Older Investors Warning Signs Of Investment Fraud Seniors are often targets of various kinds of investment fraud or securities fraud including Ponzi schemes, where money collected from new investors is used to pay existing investors, and there really is […]

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Seniors Exiting Annuity Contracts Is Costly Sales Commissions, Fees, And Withdrawal Penalties Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most deferred […]

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud/Caregiver Theft Bank Noticed Suspicions Activity Protecting Older Loved Ones From Caregiver Fraud While all seniors are potential victims of financial elder abuse, those who are alone and under the care of an in-home caregiver are particularly at risk if the caregiver is a […]

ATTORNEY NEWSLETTER Caregiver Fraud On Elderly Woman Alleged Fraudulent Account Access Alleged Victim’s Family Spots Alleged Theft According to FBI and National Institute of Justice statistics, as many as one in 10 seniors are victims of financial elder abuse. Their financial predators are most often caregivers or other persons in […]

ATTORNEY NEWSLETTER Caregiver Theft Of Pension And Social Security Benefits Alleged Benefit Profiles Changed Online Protecting Older Loved Ones From Caregiver Fraud/Caregiver Theft Dishonest caregivers with unauthorized internet access may gain access to a senior’s pension or Social Security benefit profiles with just a few pieces of important information like […]

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud/Caregiver Theft Caregiver Fraud Through Opening Joint Accounts 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 […]

ATTORNEY NEWSLETTER Caregiver Theft Of Victim’s Retirement Benefits Alleged Fraudulent Access to Benefit Profiles Steps To Prevent Financial Elder Abuse/Caregiver Fraud Dishonest caregivers with internet access may gain unauthorized access to a senior’s pension or Social Security benefit profiles with just a few pieces of important information like the senior’s […]

ATTORNEY NEWSLETTER Unauthorized Credit Card Use Victim’s Family Spots Suspicious Charges Protecting Older Loved Ones From Financial Elder Abuse Stealing a senior’s debit or credit cards and making unauthorized charges are a common form of financial elder abuse.  Whenever a dishonest caregiver or other stranger enters a senior’s home or […]

ATTORNEY NEWSLETTER Financial Powers Of Attorney Grant Broad Authority Over All Financial Matters<h1> The Risk Of Financial Power Of Attorney Abuse Is Always There Examples Of Theft By Use Of Financial Powers Of Attorney Powers of Attorney (POAs) are important and powerful legal documents that grant the agent appointed under […]

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 […]