Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER All Seniors Are At Risk Common Red Flags Of Financial Elder Abuse Steps To Protect Older Loved Ones Unscrupulous financial advisors and stockbrokers have access to customer accounts and may use that access to steal from clients, especially elderly clients who may not catch irregularities in their accounts. […]

ATTORNEY NEWSLETTER 14-Year Prison Sentence For Caregiver Charges Of Sexual Assault And Theft Three Elderly Sexual Assault Victims Seniors and dependent persons under the care of in-home caregivers or residing in a care facility may be at risk of physical, sexual and/or emotional abuse and at the same time financial […]

ATTORNEY NEWSLETTER Allegedly Stole Seniors’ Retirement Assets Advisor Faces Up To 37 Years In Prison 15 Elderly Or Dependent Adult Victims Persons with direct access to a senior’s finances include individuals acting by power of attorney, or as trustee, guardian, conservator, broker, insurance agent, accountant, or other financial advisor to […]

ATTORNEY NEWSLETTER Victim’s Friend Discovers Suspicious Activity Credit Card Purchases And Cash Withdrawals Suspicious Activity On Victim’s Credit Report Theft from any person is a crime, but when the victim is over 65 any theft is also criminal financial elder abuse and grounds for civil liability against the person who […]

ATTORNEY NEWSLETTER Misrepresentations And Omissions Investment Scheme Targeting Retirees Most Invested Funds Pocketed As Fees Insurance agents may exploit older consumers by selling them expensive and unsuitable insurance products, or even offer unregistered “investments” that are far beyond the insurance policies the agents are licensed to sell.  These investment “opportunities” […]

ATTORNEY NEWSLETTER Lincoln National OptiBlend® 10 Fixed Indexed Annuities The Lincoln National Life Insurance Company, part of the Lincoln Financial Group, issues fixed indexed annuities in California under the trade name Lincoln National OptiBlend® 10 Fixed Indexed Annuities.  These contracts, like all deferred annuities, include complex rules regarding returns and […]

ATTORNEY NEWSLETTER Allegedly Siphoned $800,000 From Elderly Widow’s Account Accused Of Stealing Annuity Payments Allegedly Forged More Than 200 Checks Individuals who steal from and financially exploit seniors include in-home caregivers or persons directly involved with a senior’s finances such as by power of attorney, or as trustee, guardian, conservator, […]

ATTORNEY NEWSLETTER Misuse Of Durable Power Of Attorney Case Example Remedies Under California Law A power of attorney (POA) is a written document that gives an agent the legal authority to act for the principal who establishes the power of attorney. In California, POAs can cover financial matters and also […]

ATTORNEY NEWSLETTER Former Caregiver Sentenced For Years Of Forged Checks 92-Year-Old Victim Lived In Care Facility Forged Checks Totaled Over $93,000 Elder and dependent adult financial abuse cases involve vulnerable individuals who are often victimized by the very people they trust to assist them with daily living. The vulnerability of […]

ATTORNEY NEWSLETTER Financial Elder Abuse By Caregivers Developing And Exploiting Personal Or Romantic Involvement Red Flags Of Financial Elder Abuse Older Americans and their families lose more than $3 billion annually as a result of financial elder abuse according to the FBI and National Institute of Justice. While theft from […]