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Category: Financial Exploitation

Orange County Financial Elder Abuse Attorneys: SEC Charges Broker With Financial Elder Abuse Of 26 Elderly Clients

ATTORNEY NEWSLETTER Broker Allegedly Defrauded Seniors Out Of $2.4 Million Allegedly Offered “Safe” Investments Which Were Fake Also Allegedly Made Unauthorized Trades The U.S. Securities and Exchange Commission (SEC) polices financial markets to protect the public from fraud.  The SEC’s Enforcement Division includes a Retail Strategy Task Force that in […]

Nov 21, 2021 - Annuities Fraud by |

Contra Costa County Financial Elder Abuse Attorney: Insurance Agent And Financial Advisor Arrested For Financial Elder Abuse Of 89-Year-Old

ATTORNEY NEWSLETTER Financial Elder Abuse Alleged Over A Ten-Year Period Victim Sold 23 Annuities Over 10 Years Suspects Allegedly Isolated Victim From Family And Friends Isolation of older persons is a common theme in cases of financial elder abuse.  Another common thread is when a stranger convinces a senior to […]

Nov 16, 2021 - Annuities Fraud by |

Santa Clara County Financial Elder Abuse Attorney: Understanding The Problems Of Deferred Annuities For Seniors

ATTORNEY NEWSLETTER Questionable Sales Tactics Targeting Seniors Deferred Annuities Are Illiquid, Expensive And Poor Performing “Teaser” Interest Rates And Unsuitable Exchanges Deferred annuities contracts are expensive and complex insurance policies.  Deferred annuities are not investments in index funds despite labels like indexed annuities.  Evans Law Firm, Inc. recommends against annuities […]

Marin County Financial Elder Abuse Attorney: Nursing Home Caregiver Accused of Stealing $500,000 In Checks From Elderly Residents

ATTORNEY NEWSLETTER Caregiver Allegedly Stole Checks From Eight Residents Checks Forged And Cashed Out Of State Arrest For Numerous Criminal Counts Theft of cash, checks or credits card is a constant risk for seniors who have caregivers or other strangers enter their, particularly if the senior lives alone.  But seniors […]

San Francisco Financial Elder Abuse Attorney: SEC Claims Financial Advisor Stole Nearly $1Million From Three Elderly Clients

ATTORNEY NEWSLETTER Advisor Allegedly Withdrew Funds From Client’s Trust Authorities Discover 20 Fraudulent Letters Of Withdrawal Money Spent On Vacations And Luxury Cars Seniors may be financially exploited from pretty much any direction. Even trusted financial advisors of years may exploit elderly clients. Taking someone else’s money without their knowledge […]

Contra Costa County Financial Elder Abuse Attorneys: Powers Of Attorney And Financial Abuse Of The Elderly

ATTORNEY NEWSLETTER Using A Power Of Attorney To Steal Abusers Revoke Prior Powers Recourse For Victims And Their Families Powers of Attorney (POAs) can cover financial matters and also health and personal care matters and medical needs.  The California Probate Code provides standard forms for both types of POAs.  See […]

San Francisco and California Financial Elder Abuse Attorney: Financial Advisor Sentenced For Stealing $25 Million From Elderly Investors

ATTORNEY NEWSLETTER Five-Year Scheme Targeted Retirees $25 Million In Losses To More Than 300 Victims Financial Advisor Sentenced To 35 Years In Prison Unscrupulous financial advisors, insurance agents and retirement planners (among others) often target seniors with their fraudulent schemes.  Typically, the approach is to offer a senior an investment […]

California Financial Elder Abuse Attorney: Biden Department Of Justice Takes Initiative Against Financial Elder Abuse

ATTORNEY NEWSLETTER Elder Justice Initiative Increased Prosecution Of Elder Abuse At Federal Level Protecting Your Loved Ones From Financial Exploitation Under the Biden Administration, the federal government is taking new steps against the epidemic of elder abuse in this country.  The U.S. Department of Justice (DOJ) has committed to an […]

San Francisco Financial Elder Abuse Attorneys: SEC Charges Man With $110 Million Ponzi Scheme Against Older Investors

ATTORNEY NEWSLETTER SEC Alleges Decades-Long Ponzi Scheme Over 400 Mostly Elderly Investors Were Victims Emergency Action Shuts Down Alleged Scheme Financial elder abuse can be abuse of a particular senior citizen or can be part of a scheme that targets multiple senior citizens for risky or inappropriate investments, or unsuitable […]

San Mateo County Financial Elder Abuse Attorney: Signs Of Financial Elder Abuse And Fraud By Stock Brokers And Financial Advisors

ATTORNEY NEWSLETTER Older Clients At Risk Of Abuse By Unscrupulous Advisors How Brokers Defraud Elderly Clients Protecting Against Financial Elder Abuse Seniors are vulnerable to financial advisors, brokers, insurance agents, trustees and others whether they are new advisors or persons with whom the senior may have had a relationship for […]

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