Category: Insurance Fraud

ATTORNEY NEWSLETTER Agents Target Seniors With Unsuitable Deferred Annuities Withdrawal Penalties And Taxes On Surrenders Avoid Expensive Exchanges Or Switches Of Policies Agents push deferred annuities for senior consumers because sales generate substantial commissions.  Evans Law Firm, Inc. recommends seniors avoid deferred annuities, based on years of representing older consumers […]

ATTORNEY NEWSLETTER Agent Accused Of Stealing $1.2 Million 14 Elderly Clients Were Victims Accusations Of Stolen Premiums, Lies, And Falsified Documents Seniors are all potential victims of financial elder abuse and predators include in-home caregivers, insurance agents and other salespeople, bankers, trustees, conservators, financial advisors, brokers, contractors, second spouses, and […]

ATTORNEY NEWSLETTER Seven Examples Of Insurance Agent Fraud And Financial Elder Abuse Victims Include Many Seniors Protecting Older Loved Ones From Insurance Agent Fraud Insurance agents and brokers serve as trusted advisors to their clients, ensuring that policyholders are adequately protected in the event of a loss.  However, on some […]

ATTORNEY NEWSLETTER Insurance Agent Accused Of Stealing $200,000 In Premium Payments 32 Victims Including Many Seniors Allegations Of Forgery And Falsified Documents Seniors are vulnerable to financial elder abuse from all kinds of individuals and businesses, including insurance agents who can swindle seniors out of money.  An insurance agent’s financial […]

ATTORNEY NEWSLETTER Civil Complaint Alleges Older Victims Lost Life Savings Agent Allegedly Sold Unregistered Promissory Notes FINRA Bars Defendant As Registered Financial Advisor Financial elder abuse by financial advisors, brokers, and insurance agents may be a one-time sale or unauthorized trade or it can be a sustained scheme taking more […]

ATTORNEY NEWSLETTER Not The Same As Index Fund Investments High Sales Commissions, Fees And Withdrawal Penalties Annuities Are Not Insure Investments Whenever an insurance agent approaches you with a deferred annuity, like an indexed annuity dig a little deeper to understand how these indexed annuities operate in real life. Indexed […]

ATTORNEY NEWSLETTER Insurance Agent Charged With Insurance Fraud And Financial Elder Abuse Thirty-Two Victims Including Many Seniors Fraudulent Documents Allegedly Covered Up Fraud Financial elder abuse strikes seniors from many quarters, and insurance agents are among those who can swindle seniors out of money.  Agents may exploit older consumers by […]

ATTORNEY NEWSLETTER Authorities Allege Agent Stole $270,000 From Elder Client Agent Allegedly Used Power of Attorney to Embezzle Agent Accused Of Writing Checks To Himself Elderly persons, particularly those suffering from dementia, are vulnerable to financial elder abuse from caregivers, financial advisors, strangers, insurance agents and others.  Often the tool […]

ATTORNEY NEWSLETTER Carriers Pay Large Commissions On Annuity Sales High-Pressure Sales Tactics And Anxiety About The Economy Dangers In Replacing Existing Contracts Financial advisors and insurance agents often capitalize on the anxiety older persons have about the economy and whether they will have enough money to live on in the […]

ATTORNEY NEWSLETTER Free Lunch Seminars and Ads Push “Financial Strategies” If It Sounds Too Good To Be True, It Usually Is Take Your Time and Do Your Homework Older adults are too often the targets of annuity salespeople intent on earning a sales commission.  Sales tactics include free lunch or […]