Category: Financial Exploitation

ATTORNEY NEWSLETTER Caregiver Given Financial Duties  Family Discovers Alleged Theft During Audit  Claims Money Needed For Kidnap Ransom We cannot stress enough that a caregiver hired to care for an older or dependent person should never be given any financial responsibilities.  Ever.  Even giving a caregiver a credit card to […]

ATTORNEY NEWSLETTER Unauthorized Annuity Withdrawals Alleged Accused Of Forging Withdrawal Requests Targeted Victims’ Retirement Assets Unscrupulous financial advisors with access to a senior’s funds are in a position to steal, and if the senior is suffering from cognitive impairment or otherwise unable to manage their affairs, the theft may go […]

ATTORNEY NEWSLETTER National Senior Fraud Awareness Day 2022 Isolated Seniors At Greatest Risk Steps For Protecting Seniors Each year, millions of elderly Americans fall victim to some type of financial elder abuse, and the results can be devastating. In response to the rise in financial elder abuse of older Americans, the U.S. […]

ATTORNEY NEWSLETTER Caregiver Sentenced For Stealing From Multiple Elderly Victims Forged Checks And Stolen Credit Cards Accused Of Stealing From Facility And In-Home Patients Financial elder abuse is a risk for seniors whether they live in a care facility or in their own homes under the care of an in-home […]

ATTORNEY NEWSLETTER Get References When Hiring In-Home Caregivers Use A Bonded Agency And Ask Questions Warning Signs Of Caregiver Fraud Whenever a stranger enters an isolated senior’s home there is a very real risk of financial elder abuse.  This is especially true when the stranger is a caregiver, who may […]

ATTORNEY NEWSLETTER Allegedly Siphoned $800,000 From Elderly Widow’s Account Accused Of Stealing Annuity Payments Allegedly Forged More Than 200 Checks Individuals who steal from and financially exploit seniors include in-home caregivers or persons directly involved with a senior’s finances such as by power of attorney, or as trustee, guardian, conservator, […]

ATTORNEY NEWSLETTER Allegedly Stole Credit Card And Cash Multiple Unauthorized Purchases Victim Discovers Fraud Theft from any person is a crime, when the victim is over 65 any theft is also criminal financial elder abuse and grounds for civil liability against the person who took the property. Often, the perpetrator […]

ATTORNEY NEWSLETTER Years Of Checks Written To The Caregiver Caregiver Was Unlicensed And Had Prior Criminal History Caught Trying To Cash Large Check Day After Senior Dies Older victims lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice […]

ATTORNEY NEWSLETTER Insurance Agent Sentenced For Investment Fraud Targeting Seniors Misrepresentations About Highly Speculative Investments 20-70% Of Money Received Pocketed As Fees Unscrupulous insurance agents, financial advisors, brokers and investment promoters seize on older investors’ anxiety about inflation and soaring health care costs to offer investments that promise above-market returns […]

ATTORNEY NEWSLETTER Huge Cost Of Financial Elder Abuse Risk Factors Of Financial Elder Abuse How To Protect Older Loved Ones According to the National Council on Aging (NCOA), one out 10 seniors fall victim to some type of elder abuse, and elder financial abuse and fraud costs older Americans somewhere between $2.6 billion to $36.5 […]