Category: Elder Financial Abuse

ATTORNEY NEWSLETTER Typical Victim Profiles Typical Financial Predator Profiles Recourse For Victims And Their Families Our health care system allows many people to live well into their 80’s and 90’s in the modern age.  But this same longevity can cause those living longer to rely on others for help in […]

ATTORNEY NEWSLETTER Misuse Of Power Attorney Examples Of Power Of Attorney Misuse  Recourse For Principals A power of attorney (POA) is a written document that gives an agent the legal authority to act for the principal who establishes the power of attorney. This designation may be used to open or […]

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 […]