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Aug 11, 2017 by |

California Senior Scammed By Fraudulent Financial Advisor


Senior Scammed By Fraudulent Financial Advisor

A Sadly Familiar Case

A woman from San Luis Obispo is currently in jail for allegedly stealing money from a senior with Alzheimer’s disease. The senior had allegedly sought the perpetrator’s help with financial matters. However, according to the court record, the perpetrator allegedly began stealing the senior’s money. Reportedly, the woman told the senior’s banks and other financial institutions that she was the elder’s authorized financial manager. According to court papers, this gave her limitless access to the elder’s accounts and money supply. If you or a loved one has been the victim of financial elder abuse in Los Angeles County or any California county, call the financial elder abuse attorneys at Evans Law Firm today at (415)441-8669 and we can help. Our elder abuse attorneys at Evans Law Firm have vast experience with cases of physical and financial elder abuse.

In this most recent case, authorities were alerted to the abuse by family members who happened to check the elder’s bank account and noticed that large sums of money were gone. This carries a message to always be wary of elder’s accounts. Yet, sadly, sometimes it can be too late. After money is taken, it is often difficult to get it back.

When it comes to a senior loved one, always be proactive in their affairs. Isolated seniors are particularly vulnerable to exploitation. Ask the elder’s permission to check their bank statements weekly or however frequently seems necessary to guard against fraud and abuse. Know the caregivers and professionals assisting your senior loved one and do a background check on them. In the world of financial elder abuse, you can never be over-prepared. If you suspect a problem, report it to the authorities. But also contact a lawyer such as the experienced financial elder abuse attorneys at Evans Law Firm. The authorities may prosecute and may secure restitution for moneys paid. But California law offers further remedies for senior victims of abuse and experienced counsel such as our elder abuse lawyers can help you recover to the full extent of those laws.

Contact Us

If you or a loved one been the victim of financial elder abuse in Los Angeles County, or in any California county, contact the Evans Law Firm financial elder abuse attorneys at (415) 441-8669, or by email at Our attorneys have experience with complex financial contracts and large insurance companies. We can help guide your case through a jury trial or toward an equitable settlement. We handle cases involving physical and financial elder abuse, qui tam and whistleblower law, nursing home abuse, whole life insurance and universal life insurance, and indexed, variable, and fixed annuities.

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