Senior Savings Scams
Recently, the Los Angeles County District Attorney issued a statement regarding senior financial elder abuse scams. Specifically, the District Attorney reported that nearly 1 in 5 elders in Los Angeles County will be at the wrong end of financial fraud.
Not the least of these financial fraud cases is directly related to seniors’ savings accounts. There are numerous types of scams, but some of the scams highlighted in the article are: health treatment and/or weight-loss solutions, fraudulent charities seeking donations, bad investment opportunities, and prize-claiming.
Don’t get caught in a trap. Double-check the sources regarding any inquiry that would require giving the potential perpetrator money or access to your accounts. A detrimental scam can be right around the corner for anyone, and seniors are certainly not exempt from that fact.
If you or a loved one has suffered from financial elder abuse in Los Angeles County or in any California county, contact the Evans Law Firm elder attorneys at (415) 441-8669, or by email at firstname.lastname@example.org. 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.