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Category: Investment Fraud

Nov 19, 2022 - Annuities by |

Marin County Financial Elder Abuse And Annuity Attorney: The Impact Of Sales Commissions And Surrender Charges On Deferred Annuity Returns

ATTORNEY NEWSLETTER Annuity Sales Commissions Are Significant Premium “Bonuses” Are Phantom Benefit Lengthy And Costly Surrender Periods Deferred annuities, like fixed indexed annuities, are long and complicated insurance contract under which an insurance company agrees to pay you income at regular intervals in the future in return for an upfront […]

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: Former Financial Advisor Sentenced To Prison For Defrauding Clients

ATTORNEY NEWSLETTER 6 ½ Year Prison Sentence Close To $6 Million Stolen From Three Older Clients Money Spent On Extramarital Affairs Evans Law Firm, Inc. represents senior victims of financial elder abuse in San Francisco and throughout California, and pursues all remedies including double damages and payment of attorneys’ fees […]

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 […]

San Mateo County Financial Elder Abuse Attorneys: Man Sentenced For Role In $12 Million Ponzi Scheme Against Mostly Older Investors

ATTORNEY NEWSLETTER Defendant Was Accountant And Financial Advisor To Elderly Claimed Investments Were As Safe As CDs Much Of The $12 Million Came From Victims’ 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 […]

Jul 21, 2022 - Annuities by |

California Annuities Attorneys: Nationwide New Heights Fixed Indexed Annuities And J.P. Morgan MOZAIC I and MOZAIC II Strategies

ATTORNEY NEWSLETTER Nationwide Life and Annuity Insurance Company Annuities Nationwide’s New Heights© Products J.P. Morgan MOZAIC I and MOZAIC II Investment Strategies Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues fixed indexed annuities in California under the trade names Nationwide New Heights©, Nationwide High […]

Riverside County Financial Elder Abuse And Annuity Attorney: Beware Elders And Retirees: Deferred Annuities Are A Poor Choice For Seniors

ATTORNEY NEWSLETTER Be Cautious About Retirement Planning Seminars Deferred Annuities Are Complex, Expensive Insurance Policies Surrender Charges On Withdrawals Marketing for deferred annuities is often directed toward those planning to leave the workplace in the near future.  Unions, trade groups, investment advisory firms, insurance agents and others may invite soon-to-be-retired […]

Jul 9, 2022 - Annuities by |

San Francisco Financial Elder Abuse And Annuity Attorney: Deferred Annuities Downsides For Senior

ATTORNEY NEWSLETTER Unsuitable Investments For Seniors High Surrender Charges Switching Or Exchanging Annuities Can Be Costly Mistake Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies include withdrawal penalties (called surrender charges) if you need your money back. […]

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