Category: financial elder abuse

ATTORNEY NEWSLETTER Allegedly Embezzled $2 Million Promises Of High Returns On Invested Money Offered “Investment Advisory Services”  Often it takes years for some complicated elder financial abuse schemes to unwind and be detected.  In many cases, the scheme is not discovered until the victim as died, particularly in the abuse […]

ATTORNEY NEWSLETTER High-Yield Investment Fraud Targeted Elderly Multi-Million Dollar Scheme Allegedly Ran or Six Years Individuals Plead Guilty To Multiple Charges Financial elder abuse may be limited to isolated transactions exploiting specific older individuals, but larger fraudulent and abusive schemes may be perpetrated on numerous elderly victims.  Seniors are often […]

ATTORNEY NEWSLETTER Insurance Agent Charged With Raiding Elderly Client’s Annuities Admits To Stealing $1.3 Million From 79-Year-Old Convinced Victim To Transfer Life Insurance And Retirement Accounts Financial elder abuse causes billions of dollars of losses to older Americans and their families every year.  Much financial elder abuse, like other forms […]

ATTORNEY NEWSLETTER Widespread Risk Of Financial Elder Abuse Run Background Checks On In-Home Caregivers Involve All Family Members In Decisions Financial elder abuse is a crime in California and grounds for civil liability against the person who took the property.  Older Americans and their families lose more than $3 billion […]

ATTORNEY NEWSLETTER Caregiver Allegedly Stole $4000 And Neglected Elderly Woman Neighbor Called 911 Victim Admitted To Hospital For Malnutrition And Skin Deterioration Sadly, we share too many stories of seniors and dependent adults who suffer from neglect and abuse by in-home caregivers.  Where a dishonest caregiver is after a patient’s […]

ATTORNEY NEWSLETTER Allegedly Defrauded Investors Were Ages 78-94 Promised 13% Return On A Promissory Note Fraud Allegedly Continued For Five Years Sales of unsuitable investments to seniors may constitute financial elder abuse.  Largescale pyramid or Ponzi schemes may also target seniors. Statistics show that the older we get the more […]

ATTORNEY NEWSLETTER Elderly Couple Are Caregiver’s Victims Forged Signatures On Victims’ Checks Online Transfers Seniors are vulnerable to financial elder abuse whenever a dishonest caregiver or other stranger enters their home for any period of time. When it occurs, this kind of financial elder abuse often takes the form of […]

ATTORNEY NEWSLETTER 79-Year-Old Victim Convinced Victim To Surrender Life Insurance And Annuities Used Victim’s Money To Pay Off Other Defrauded Customers All seniors are potential victims to various financial predators.  Financial predators on seniors include in-home caregivers, retirement planners, insurance agents and other salespeople, bankers, trustees, conservators, financial advisors, brokers, […]

ATTORNEY NEWSLETTER Warning Signs Of Fraud And Dishonesty Missing Money Or Possessions Social Security, Pension And Other Benefits Every senior residing in an assisted care or skilled nursing facility faces a real danger of financial elder abuse by dishonest staff and administrators.  Theft of cash and jewelry from nursing home […]

ATTORNEY NEWSLETTER World Elder Abuse Awareness Day 2022  Staying In Touch More Important Than Ever Post-Pandemic Steps For Protecting Seniors Today, June 15, is World Elder Abuse Awareness Day (WEAAD), launched in 2006 by the International Network for the Prevention of Elder Abuse and the World Health Organization at the […]