Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Forms Of Elder Abuse Signs Of Neglect And Abuse Protecting Older Loved Ones 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 billion. (That number could in […]

ATTORNEY NEWSLETTER Alleged Check Forgeries Victim’s Checking Account Overdrawn Unauthorized Debit Card Charges By Caregiver Alleged Never hand an ATM/debit card or credit card to a caregiver and ask them to go get cash or make purchases.  Never give out any PIN numbers. Never give a caregiver or other person […]

ATTORNEY NEWSLETTER Over $8000 In Unauthorized Credit Card Purchases Accused Of Stealing Victim’s Confidential Information Purchased Articles Seized Unauthorized purchases by a dishonest caregiver on an older person’s credit or debit card is a very common form of financial elder abuse.  Sometimes the senior herself catches the fraudulent charges quickly […]

ATTORNEY NEWSLETTER Accused of Defrauding At Least 20 Clients Many Victims Were Seniors Or Disabled Persons SEC Says At Least $3 Million Stolen Financial advisors and stockbrokers are potential financial predators of senior citizens and disabled persons (dependent adults under California law).  Sometimes, the relationship between the broker and the […]

ATTORNEY NEWSLETTER Caregiver Allegedly Took Elder To Bank To Withdraw Money Over $100,000 In Withdrawals Over A Year Created Unauthorized New Bank Account Some dishonest caregivers are extremely brazen in the tactics they use to financially exploit older people, as the below case illustrates.  Other caregivers are more subtle in […]

ATTORNEY NEWSLETTER Illegal Transfers From Dependent Adult Account Dependent Adult In Mental Health Facility Attorney-In-Fact Used Victim’s Money For Her Own Purposes Abuse of a financial Power of Attorney (POA) is illegal in all cases.  Probate Code § 4231.5.  But when the principal is an elder or dependent adult, the […]

ATTORNEY NEWSLETTER Unauthorized Checks On Resident Trust Funds $73,521.68 In Restitution Ordered Six Months Jail Sentence Seniors in assisted care or skilled nursing facilities face the risk of financial elder abuse by dishonest staff members similar to the risks seniors living at home face from dishonest in-home caregivers.  Theft of […]

ATTORNEY NEWSLETTER Theft From Elderly Couple Caregiver Pleads To Forgeries And Other Crimes Unauthorized Online Transfers 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 manipulative individuals acting as caregivers as […]

ATTORNEY NEWSLETTER Contract Expenses And Fees Exiting Is Costly Due To Withdrawal Penalties Annuities Are Not Insured Like Bank Deposits Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and […]

ATTORNEY NEWSLETTER Elder Subject To Physical And Financial Abuse Multiple Charges Brought Against Caregiver Charges Include Theft And Reckless Endangerment Sadly, there are dishonest persons hired as in-home caregivers for the elderly who spend their time stealing from their patients instead of caring for them.  Incidents of caregiver abuse often […]