Category: Financial Exploitation

ATTORNEY NEWSLETTER Changing Estate Plans When Senior Lacks Capacity Holding Attorneys Accountable Individuals create trusts to hold their assets to avoid a lengthy probate process following death and make sure their estate passes to their spouse or children or grandchildren or other beneficiaries of their own choosing.  Typically, these trust […]

ATTORNEY NEWSLETTER Access To Funds And Unauthorized Trades And Transfers Dangers Of Delegating Account Control Recourse For Elder Victims And Families Whenever someone has access to your money there is a risk that your money may be taken.  The risk is especially high for seniors who may be too trusting […]

ATTORNEY NEWSLETTER Government Arrests Nursing Home Business Officer And Aide  Access To Resident Financial Accounts Pair Allegedly Stole From 11 Residents All too frequently we read news stories of nursing home residents suffering from physical or sexual abuse, neglect or abandonment. Often the abuse and neglect result in death of […]

ATTORNEY NEWSLETTER Bookkeeper Accused Of Stealing Over $210,000  Charged With Elder Abuse, Wire Fraud And Money Laundering Police Allege Five Years Of Theft Seniors are vulnerable to financial abuse from any quarter including from the very persons they hire to take care of their financial affairs. Whenever, an unscrupulous person […]

ATTORNEY NEWSLETTER Charges Of Theft In Orange And Riverside Counties Multiple Investigations Under Way Theft Of Cash From Another Victim In-home caregivers have access to a senior’s jewelry, cash, valuables, credit cards, bank accounts and important papers unless you keep them out of reach. They also have access to a […]

ATTORNEY NEWSLETTER 74-Year-Old Widower And Dementia Sufferer Loses $5 Million Stranger Allegedly Completed More Than 120 Fraudulent Transactions Filled Suitcase With Stolen Cash And Sold Victim’s Home Financial elder abuse of seniors is a real problem throughout the State of California. Sometimes, the theft is relatively small, but often, if […]

ATTORNEY NEWSLETTER Attorney General Bonta Brings Charges 15 Individuals Charged With Ponzi Scheme Targeting Elderly Elderly Investors Allegedly Defrauded Out Of $5 Million Statistics show that seniors are more vulnerable to investment fraud than younger investors.  When they are, the actions of the wrongdoer also constitute financial elder abuse in […]

ATTORNEY NEWSLETTER Authorities Arrest Caregiver Accused Of Financial Elder Abuse And Theft Caregiver Allegedly Forced Senior To Approve Cash Withdrawal Charges Of Theft, Forgery And Financial Exploitation All seniors are potential victims of financial elder abuse, but some are more vulnerable than others.  Especially vulnerable are h isolated seniors requiring […]

ATTORNEY NEWSLETTER Agents Earn High Commissions On Deferred Annuity Sales The Riskier The Investment The Higher The Commission Commissions Versus Fee-Based Advice Risky investments like fixed indexed and variable annuities, non-traded REITs (real estate investment funds), and private placements typically pay out high commissions – some as high as 10% […]

ATTORNEY NEWSLETTER Seniors Targeted For Theft Of Cash And Credit Cards  Caregivers And Others With Access Unauthorized Purchases And Theft Of Cash Seniors are the most vulnerable segment of our population to risk of theft or financial exploitation.  Theft and abuse range from theft of relatively small amounts of cash […]