Category: financial elder abuse

ATTORNEY NEWSLETTER Deferred Annuities Are Complicated, Long-Term Insurance Policies Commissions, Fees And Surrender Penalties Erode Returns Replacements And Exchanges Of Contracts Can Be Costly 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 […]

ATTORNEY NEWSLETTER $87,000 In Cash In Attic Filing Cabinet Missing Jewelry Pawned By Caregiver Caregiver In Home For Six Months Cash, jewelry, checks, and other valuables can vanish whenever a stranger enters an elderly person’s home.  The risk is particularly high if the stranger, like a caregiver, has access for […]

ATTORNEY NEWSLETTER Misappropriation Of Funds By Trustees Removal And Damages For Beneficiaries Enhanced Remedies Under Elder And Dependent Adult Abuse Act While many Californians create trusts to hold their assets, seniors and dependent adults in particular may do so because they can no longer manage their own financial affairs and […]

ATTORNEY NEWSLETTER Alleged Scheme Ran For Six Years 30 Elderly Investors Lost Money Charges Of Financial Elder Abuse, And Securities Law Violations While financial elder abuse may be limited to isolated transactions exploiting specific older individuals, financial elder abuse may also be perpetrated on numerous elderly victims.  Seniors are often […]

ATTORNEY NEWSLETTER Cash, Checks And Credit Cards Stolen From Patient Rooms Two Prior Convictions For Financial Elder Abuse Theft Estimated At $18,000 Any nursing home residents is at risk of financial elder abuse at the hands of any unscrupulous caregivers, staff, and employee in the business office.  The thefts may […]

ATTORNEY NEWSLETTER Allegedly Stole Wife’s Jewelry Some Property Recovered At Pawn Shop Police Conduct Investigation It does not take a dishonest stranger brought into an older person’s home long to take cash, jewelry, credit cards, checks and valuables if he or she has access. Indeed, whenever a caregiver or other […]

ATTORNEY NEWSLETTER Allegedly Stole Over Ten-Year Period Defendant Developed Close Relationship With Victim Hundreds Of Fraudulent Checks And Electronic Transfers Alleged Trustees, conservators, brokers, accountants, and other advisors have direct access to a senior’s finances and personal information like Social Security Numbers.  Dishonest persons in those capacities are in a […]

ATTORNEY NEWSLETTER Surveillance Footage Captures Suspicious Activity Search Reveals Resident’s Checkbook At Caregiver’s Home Facility Manager Reported Residents Missing Credit Cards When the victim of any theft is over 65 that theft also constitutes criminal financial elder abuse and grounds for civil liability against the person who took the property. […]

ATTORNEY NEWSLETTER Multiple Elder Victims Of Fraudulent IRA Scheme Victims Lost All Retirement Savings Arbitration Panel Awards Victims $12 Million  Financial elder abuse can strike anyone either when a predator targets them individually or when they are part of a larger financial elder abuse scheme injuring multiple victims.  A Los […]

ATTORNEY NEWSLETTER All Seniors Are At Risk Common Red Flags Of Financial Elder Abuse Steps To Protect Older Loved Ones Unscrupulous financial advisors and stockbrokers have access to customer accounts and may use that access to steal from clients, especially elderly clients who may not catch irregularities in their accounts. […]