Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Example Of Caregiver Fraud On Senior Unauthorized Credit Card Charges Alleged Protecting Seniors From Caregiver Fraud/Financial Elder Abuse Any senior is vulnerable to financial elder abuse whenever a dishonest caregiver or other stranger enters their home for any period of time. While many caregivers are hardworking, compassionate people […]

ATTORNEY NEWSLETTER Checks On Patient’s Account Allegedly Written By Caregiver Illegal Checks Totaling $9100 Alleged Protecting Seniors From Caregiver Fraud And Financial Elder Abuse Access to a senior’s checkbook by a stranger in the senior’s home, such as an in-home caregiver, is a recurring source of caregiver fraud and financial […]

ATTORNEY NEWSLETTER Exiting Contracts Is Costly Sales Commissions, Fees, Participation Rates And Caps Questionable Sales Tactics Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Whenever an insurance agent or […]

ATTORNEY NEWSLETTER Caregiver Theft Case Example Caregiver Allegedly Stole And Forged Checks Protecting Seniors From Financial Elder Abuse And Caregiver Fraud Stolen/forged checks off a senior’s account are a common type of fraud perpetrated on seniors by dishonest caregivers or other strangers with access to an elderly person’s checkbook.  Often, […]

ATTORNEY NEWSLETTER Trustee Standard Of Duty Demands For Information And Accounting Removal Of Trustee And Enhanced Remedies Trusts are used by many people, especially seniors and dependent adults, as important tools for managing and protecting assets and estate planning following death.  Sometimes the individual creating the trust (known as the […]

ATTORNEY NEWSLETTER Isolation And Economic Insecurity History Of Discrimination Consumers lost more than $5.8 billion to financial elder abuse and fraud last year, up 70 percent from 2020, according to the Federal Trade Commission (FTC).  While anyone of any age can be victimized by financial abuse, some groups may be […]

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 Alleged Misappropriation Of Client Funds Client’s Funds Never Invested Money Allegedly Spent For Broker’s Own Benefit Seniors are vulnerable to financial elder abuse by any number of financial predators including those entrusted to invest their money like stock brokers, investments advisers and bankers.  Sometimes the financial exploitation takes […]

ATTORNEY NEWSLETTER Misuse Of Powers Of Attorney Case Studies of POA Abuse State And Federal Laws On POA Misuse 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), grant authority over […]

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 […]