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Category: Los Angeles financial elder abuse

Dec 14, 2022 - Annuities Fraud by |

Los Angeles And Orange County Financial Elder Abuse And Annuity Attorney: Deferred Annuities Are A Poor Choice For Seniors

ATTORNEY NEWSLETTER Loss Of Control Of Investment Penalties On Withdrawals  Sales Commissions, Contract Fees And Low Returns Deferred annuities are complex, long-term insurance products which are not generally suitable for older consumers.  Evans Law Firm, Inc. recommends against certain types of deferred annuities, such as fixed indexed annuities, for older […]

Orange County Financial Elder Abuse Attorneys: Examples Of Financial Elder Abuse Through Misuse Of Power Of Attorney

ATTORNEY NEWSLETTER How Agents Abuse Powers Of Attorney Examples Of Power Of Attorney Abuse Laws On Power Of Attorney Misuse Powers of Attorney are extremely important – and, in the wrong hands, potentially dangerous – legal instruments. Financial powers of attorney (POAs) grant full authority over a person’s financial affairs, […]

Los Angeles Financial Elder Abuse Attorney: Protecting Older Loved Ones From Financial Elder Abuse

ATTORNEY NEWSLETTER Dishonest In-Home Caregivers Are Possible Predators Check Backgrounds Before Hiring Protecting Older Loved Ones Seniors and persons of all ranks of life may be victims of financial elder abuse.   This is especially true when seniors have caregivers or other workers in their home.  The risks of theft are […]

Los Angeles Financial Elder Abuse Attorney: Caregiver Arrested For Stealing From 87-Year-Old Client

ATTORNEY NEWSLETTER Family Member Of Victim Reports Suspicions Suspect Allegedly Opened Credit Cards In Victim’s Name Numerous Purchases And Cash Advances Unauthorized debit and credit card charges are a common form of financial elder abuse. Another common form of financial elder abuse is opening credit cards or taking out loans […]

Los Angeles Financial Elder Abuse Attorney: Caseworker, Facility Owners And Lawyer Charged With Stealing Millions From Elderly Facility Residents

ATTORNEY NEWSLETTER Over $2.7 Million Allegedly Stolen 12 Elderly Victims Facility Owners, Lawyer And Caseworker Sentenced Most of the financial elder abuse cases we write about involve one or possibly two financial predators, like a caregiver and a spouse or friend who assists them in the abuse.  Sometimes, however, a […]

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 […]

Los Angeles Financial Elder Abuse Attorney: Bookkeeper Sentenced For Stealing From Family Company And Its Elderly Owners

ATTORNEY NEWSLETTER Family Believes Over $2.5 Million Stolen  Owner’s Social Security Benefits Allegedly Taken Bookkeeper Worked For Family For 25 Years So many times we read that financial elder abuse is perpetrated on a senior by someone, like a caregiver, who is new to the life of the elderly person.  […]

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 […]

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