Category: San Francisco Financial Elder Abuse

ATTORNEY NEWSLETTER Altered Checks Discovered By Victim’s Daughter  Allegedly Stole Over Two-Year Period Deposited Altered Checks Into Her Own Account Given the potential for abuse, a licensed and bonded professional fiduciary is probably the optimal choice when a senior or dependent adult needs help with checking writing and bill paying […]

ATTORNEY NEWSLETTER Indexed Annuities Are Complex Insurance Policies Indexed Annuities Are Not Direct Fund Investments Surrender Charges, Fees And Return Calculations Indexed annuities are a particularly complicated variety of deferred annuities.  Despite the tile of this product and the various “funds” or “buckets” you may be offered to allocate your […]

ATTORNEY NEWSLETTER Caregiver And Assisting Relative Financially Exploited Senior Police Say More Than $171,000 Taken Victim’s Daughter First Detected Suspicious Checks Theft from a victim is over 65 is straight theft but is also criminal financial elder abuse and grounds for civil liability against the person who took the property […]

ATTORNEY NEWSLETTER Misappropriation Of Funds By Trustees Removal And Damages For Beneficiaries Enhanced Remedies Under Elder And Dependent Adult Abuse Act While many Californians create trusts to hold their assets, seniors and dependent adults in particular may do so because they can no longer manage their own financial affairs and […]

ATTORNEY NEWSLETTER Alleged Scheme Ran For Six Years 30 Elderly Investors Lost Money Charges Of Financial Elder Abuse, And Securities Law Violations While financial elder abuse may be limited to isolated transactions exploiting specific older individuals, financial elder abuse may also be perpetrated on numerous elderly victims.  Seniors are often […]

ATTORNEY NEWSLETTER Cash, Checks And Credit Cards Stolen From Patient Rooms Two Prior Convictions For Financial Elder Abuse Theft Estimated At $18,000 Any nursing home residents is at risk of financial elder abuse at the hands of any unscrupulous caregivers, staff, and employee in the business office.  The thefts may […]

ATTORNEY NEWSLETTER Allegedly Stole Wife’s Jewelry Some Property Recovered At Pawn Shop Police Conduct Investigation It does not take a dishonest stranger brought into an older person’s home long to take cash, jewelry, credit cards, checks and valuables if he or she has access. Indeed, whenever a caregiver or other […]

ATTORNEY NEWSLETTER World War II Veteran Resided In Senior Community Cash and Rolex Disappeared Police Arrest Caregiver On Suspicion Of Theft Theft from a victim is over 65 is straight theft but is also criminal financial elder abuse and grounds for civil liability against the person who took the property. […]

ATTORNEY NEWSLETTER Allegedly Stole Over Ten-Year Period Defendant Developed Close Relationship With Victim Hundreds Of Fraudulent Checks And Electronic Transfers Alleged Trustees, conservators, brokers, accountants, and other advisors have direct access to a senior’s finances and personal information like Social Security Numbers.  Dishonest persons in those capacities are in a […]

ATTORNEY NEWSLETTER Deceptive Sales Practices Downsides of Deferred Annuities For Seniors Avoid High-Pressure Sales Tactics Insurance agents are paid significant sales commissions on sales of certain forms of deferred annuity insurance products.  Any high-pressure or deceptive tactics to sell these products, and sales of unsuitable annuities, violate the law and […]