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Category: Financial Exploitation

Apr 21, 2015 - Annuities Fraud by |

California Life Insurance and Annuity Fraud Attorneys Warn That Indexed Universal Life Insurance Policy Illustrations Can Create Unrealistic Expectations of Policy Performance

ATTORNEY NEWSLETTER California life insurance and annuity fraud attorneys warn consumers that insurance policy illustrations may be misleading and create heightened expectations for unrealistic results. Illustrations can be a useful way to demonstrate and understand how a policy, such as an indexed universal life policy (IUL), may work. However, they […]

FINRA Foundation Releases Report on Non-Traditional Costs of Financial Fraud

ATTORNEY NEWSLETTER FINRA, the national association of securities traders, has published new research on how financial abuse affects victims. The study aimed to look at financial fraud from the victim’s perspective, including their experiences, reactions, and the potential indirect financial costs and non-financial consequences of being defrauded. The report issued […]

Feb 3, 2015 - Blog by |

The Rise of Financial Elder Abuse

ATTORNEY NEWSLETTER Seniors have increasingly become a target of many crimes. As elders get older, their ability to make smart financial decisions become tougher. As a result, elders will often fall prey to financial elder abuse. According to the National Center on Elder Abuse, financial elder abuse is the illegal […]

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