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Category: securities fraud

Atherton/Menlo Park Financial Elder Abuse Attorneys: Elderly Investors Defrauded By Investment Advisor

ATTORNEY NEWSLETTER Ponzi Scheme Targeting Mostly Older Customers Lost Savings And Homes At Risk Of Foreclosure Scheme Lasted Many Years Seniors are often targets of Ponzi schemes, where money collected from new investors is used to pay existing investors, and there really is no actual investment of funds. Like the […]

Stinson Beach Financial Elder Abuse Attorneys: Investment Advisor Sentenced For Defrauding Elderly Investors

ATTORNEY NEWSLETTER Investment Advisor Targeted Older Customers Several Lost Life Savings How To Avoid This Kind Of Fraud Dishonest financial advisors, life insurance agents, stock promoters and retirement planners prey on older investors, exploiting their fear of running out of money as they grow older.  False promises of high returns […]

San Francisco Bay Area Financial Elder Abuse Attorneys: SEC Charges Former Broker with Defrauding Senior and Disabled Customers

ATTORNEY NEWSLETTER Accused of Defrauding At Least 20 Clients Many Victims Were Seniors Or Disabled Persons SEC Says At Least $3 Million Stolen Financial advisors and stockbrokers are potential financial predators of senior citizens and disabled persons (dependent adults under California law).  Sometimes, the relationship between the broker and the […]

San Mateo County Financial Elder Abuse Attorneys: Investment Advisor Sentenced To Prison For Ponzi Scheme On Mostly Elder Investors

ATTORNEY NEWSLETTER Many Victims Lost All Their Retirement Savings Homes At Risk Of Foreclosure Scheme Began Decades Ago Financial elder abuse can be limited to isolated transactions exploiting the elderly or can be a largescale fraud striking numerous elderly victims.  Seniors are often targets of Ponzi schemes, where money collected […]

San Francisco Financial Elder Abuse Attorneys: Money Manager Admits To Stealing Elderly Couple’s Life Savings

ATTORNEY NEWSLETTER Investment Advisor Knew Seniors For Many Years False Promises Of Investment Opportunities Elderly Couple Lose Entire Life Savings While often the financial predators of seniors are newcomers in their lives or even total strangers, seniors may also be victims of financial elder abuse from those the senior has […]

Marin Financial Elder Abuse Attorneys: Broker Sentences For Defrauding Older Investors

ATTORNEY NEWSLETTER Defendant Was Accountant And Financial Advisor To Elderly Promised High Rates Of Return Several Victims Lost Life Savings Financial predators may target older investors with high-yield ventures, seizing on senior anxiety about the stock market, their need for future income, escalating inflation, and rising health care costs. The […]

Los Angeles Financial Elder Abuse Attorneys: $12 Million Ponzi Scheme Against Older Investors

ATTORNEY NEWSLETTER Accountant And Financial Advisor To Elderly Alleged Misrepresentations Regarding “Safe Investments” Many Victims Lost Retirement Savings Any American can be a victim of investment fraud but older investors are particularly vulnerable to fraud.  Financial predators may target older investors with high-yield ventures, seizing on senior anxiety about the […]

Los Angeles Financial Elder Abuse Attorneys: Broker Faces SEC Charges Of Stealing From Elderly Clients

ATTORNEY NEWSLETTER SEC Alleges Broker Stole $800,000 Stolen Funds Allegedly Hidden In Personal Accounts Other Complaints Of Misappropriated Funds All seniors are at risk of financial elder abuse. While strangers or new persons entering a senior’s life like a caregiver are often the predators, even those a senior has known […]

Marin and San Francisco Bay Area Financial Elder Abuse Attorneys: SEC Charges Of Financial Elder Abuse Of 97-Year-Old By Stock Broker

ATTORNEY NEWSLETTER Years Of Allegedly Fraudulent Transactions $1,295,000 Allegedly Taken From Elderly Client Twenty-Year Relationship With 97-Year-Old Client Seniors can be victims of financial elder abuse from strangers and from those they have known for years.  The older a senior gets, the more at risk they are and those who […]

Los Angeles Financial Elder Abuse Attorneys: SEC Charges Financial Advisor With Fraud Against 97-Year-Old Client

ATTORNEY NEWSLETTER SEC Claims Eight Years Of Fraudulent Transactions Broker Allegedly Stole $1,295,000 97-Year-Old Client Suffered From Dementia Statistics show that the older a senior citizen is the more vulnerable he or she becomes to financial elder abuse.  Particularly at risk are those seniors who suffer from any form of […]

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