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Category: San Francisco Financial Elder Abuse

Los Angeles Elder Abuse Attorney: Care Home Owner/Operator Convicted Of Neglect And Financial Exploitation Of Disabled And Elderly Persons

ATTORNEY NEWSLETTER Owner/Operator Sentenced To Seven Years In Prison 51 Counts Of Financial Exploitation Of Disabled Person Residents Deprived Of Food And Care Financial abuse of elder and dependent adults often goes hand in hand with neglect of those victims as well.  This is often because the in-home caregiver or […]

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 […]

Orange County Financial Elder Abuse Attorney: Caregivers Accused Of Stealing Close To $500,000 From 96-Year-Old

ATTORNEY NEWSLETTER Had Victim Sign Blank Checks Checks Supposedly For Food And Expenses Family Member Discovers Alleged Fraud Betrayal of an elder’s trust by a dishonest caregiver may occur almost immediately when the dishonest caregiver enters a senior’s home or a sustained scheme over time which drains the senior’s bank […]

Santa Clara County Financial Elder Abuse Attorney: Police Charge Caregiver With Theft And Fraud Offenses

ATTORNEY NEWSLETTER Suspect Is Home Health Aid For 90-Year-Old Victim Caregiver Allegedly Used Debit Cards For $26,000 In Purchases Victim’s Family Alerts Police Of Suspicious Activity Dishonest caregivers with access to credit cards and debit cards of their elderly patients may quickly use the cards for unauthorized purchases and withdrawals.  […]

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 Attorney: “Helper” Accused Of Stealing $600,000 From 99-Year-Old Victim

ATTORNEY NEWSLETTER 99-Year-Old Victim’s “Helper” Charged With Theft Investigation Discovers Wire Transfers Of $582,647 Money Spent Paying Off Mortgage, A New Car And Vacations All seniors are potential victims of financial elder abuse.  The predators may be caregivers, second spouses, girlfriends or boyfriends, “new” friends, trustees, financial advisors, insurance agents, […]

Sonoma County Financial Elder Abuse Attorney: Retirement Home Nurse Arrested For Theft From 97-Year-Old Patient

ATTORNEY NEWSLETTER Alleged Fraudulent Purchases On Debit Card Victim Resident In Senior Living Community Victim Noticed Suspicious Charges On Statement Many of the reported cases of dishonest caregivers stealing from seniors occur in the senior’s own home when a dishonest in-home caregiver has access to financial records, checks, credit cards […]

Sep 21, 2022 - Annuities by |

San Francisco Financial Elder Abuse Attorney: Disadvantages For Older Consumers With Indexed Universal Life Policies

ATTORNEY NEWSLETTER Undisclosed Risks Indexed Universal Life Insurance Is “Massively Complex”  Fees Can Drain The Policy Indexed universal life insurance (IULs), like certain types of deferred annuities, generate significant sales commissions for the agents who sell them.  For that reason, some agents, eager to make a sale, may pressure consumers […]

Alameda County Financial Elder Abuse Attorney: Caregiver To Elderly Man Sentenced For Larceny As Hate Crime

ATTORNEY NEWSLETTER 96-Year-Old Victim Caregiver Allegedly Stole Over $53,000 Victim’s Family Discovers Theft After Victim’s Death Statistics show that the risk of financial elder abuse increases as we age; that is, a 90-year-old person is at greatest risk, say, than a 70-year-old.  Of course, the statistics are not surprising as […]

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