ATTORNEY NEWSLETTER Thanks to new legislation recently signed by Governor Jerry Brown, insurance carriers in California will no longer be allowed to levy surrender charges against a policy’s death benefit. California...
Category: Financial Exploitation
California Annuities Fraud Case Illustrates Danger of Financial Elder Abuse in Annuities Purchases
July 30, 2015
ATTORNEY NEWSLETTER A recent annuity fraud case in California illustrates the danger that annuities can pose to people’s finances, especially when it comes senior citizens. An insurance agent in Palm Desert was recently...
ATTORNEY NEWSLETTER According to a Santa Rosa police sergeant, the Santa Rosa police recently arrested a self-employed counselor for elderly clients on suspicion of financial elder abuse. The suspect is accused of stealing...
ATTORNEY NEWSLETTER The Securities and Exchange Commission paid out $3 million to a whistleblower who helped the commission crack a complex fraud case. The whistleblower, a company insider, received the third-highest award...
ATTORNEY NEWSLETTER The SEC’s Office of Investor Education and Advocacy recently released an Investor Bulletin about Regulation A, which was recently amended to create a new exemption from registration under the...