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Category: securities fraud

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 […]

San Francisco Financial Elder Abuse Attorneys: Arrested Money Manager Admits To Stealing Entire Life Savings Of Elderly Couple

ATTORNEY NEWSLETTER Defendant Acted As Accountant, Tax Preparer And Investment Advisor Accused Of False Promises Of Investment Opportunities One Elderly Couple Loses 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 […]

Los Angeles Financial Elder Abuse Attorneys: SEC Charges Former Broker With Stealing $1.3 Million From Elderly Client

ATTORNEY NEWSLETTER Allegedly Defrauded 97-Year-Old With Dementia Accused Of Using Victim’s Funds For Personal Expenses Eight Years Of Fraud Alleged Seniors are often victims of financial elder abuse from strangers or newcomers into their lives acting as caregivers, insurance salesmen, contractors, or new boyfriends or girlfriends sometimes met online.  But […]

San Francisco Financial Elder Abuse Attorneys: Investment Advisor Sentenced To Nearly 22 Years In Prison For Operating Ponzi Scheme Targeting Elderly

ATTORNEY NEWSLETTER Allegedly Stole $9.3 Million In Ponzi Scheme Many Seniors Among Victims Many Lost Life Savings Dishonest investment promoters and financial advisors often pitch fraudulent investment schemes to older investors in particular with supposed “opportunities” promising high returns.  In presenting their investment “opportunities,” such greedy advisors may seize on […]

San Francisco Bay Area Financial Elder Abuse Attorneys: Broker Sentenced To Prison For Defrauding Elderly Clients

ATTORNEY NEWSLETTER Accused of Running $3.2 Million Fraudulent Investment Scheme One Elderly Client Defrauded Of $400,000 Ordered To Pay Restitution And Serve 6 ½ Years In Prison Financial advisors and stockbrokers are potential financial predators of senior citizens.  Sometimes, the relationship between the broker and the senior is brand new […]

San Francisco Financial Elder Abuse Attorneys: Sentencing In Ponzi Scheme Targeting Elderly Investors

ATTORNEY NEWSLETTER Defendants Accused Of Running $12 Million Ponzi Scheme 50 Reported Victims Include Many Seniors Victims Lost Retirement Savings Seniors may often be the targets in investment fraud schemes.   Promoters and financial advisors touting fraudulent schemes may lure older investors with supposed “opportunities” promising high returns, seizing on senior […]

Los Angeles Financial Elder Abuse Attorneys: SEC Bars Broker For Stealing From Elderly Client

ATTORNEY NEWSLETTER Allegedly Misappropriated $305,000 In Client Funds Client’s Checks Cashed But Never Invested Money Spent For Broker’s Own Benefit Seniors are vulnerable to financial elder abuse by any number of financial predators including those entrusted to invest their money like stock brokers, investments advisers and bankers.  Sometimes the financial […]

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