ATTORNEY NEWSLETTER Money In Deferred Annuities Is Illiquid Loss Of Personal Control Over Investment Don’t Be Rushed Into A Sale Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some annuities may earn little to no interest.  If you try to exit the […]

ATTORNEY NEWSLETTER Fraudulent ATM And Debit Card Withdrawals And Purchases Alleged 18 Months Of Fraudulent Card Use Alleged 76-Year-Old Victim Dishonest caregivers and others who physically access a senior’s cards or use the name, account number and other confidential information to access a card online or create a PIN through […]

ATTORNEY NEWSLETTER Allegedly Stole From Wheelchair Bound Senior Jewelry And Sterling Silver Recovered From Pawn Shop Suspect Facing Multiple Charges Jewelry, cash, checks, credits, and valuables like silver all can disappear from a senior’s home when a dishonest caregiver or stranger enters the home for any period of time.  Always […]

ATTORNEY NEWSLETTER Allegedly Unlawful Payments To Referring Doctors Former Billing Manager Blows Whistle Whistleblower To Receive Share Of Settlement As Reward Private citizens can bring civil lawsuits on behalf of the government for redress against fraud under the False Claims Act, (“FCA”), 31 U.S.C. § 3729 et seq.  In Fiscal Year […]

ATTORNEY NEWSLETTER Downsides Of Deferred Annuities Surrender Penalties Lock Policyholders In Other Contract Features Diminish Returns Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Whenever a life insurance agent […]

ATTORNEY NEWSLETTER Allegedly Accessed Elderly Victim’s PIN Funds Missing From Victim’s Bank Account Fraudulent ATM Withdrawals, Transfers And Purchases Alleged A recently reported case, discussed below, illustrates what can happen when a dishonest caregiver discovers an older person’s debit/ATM card PIN.  We often write about unauthorized debit and credit card […]

ATTORNEY NEWSLETTER Financial Elder Abuse Increasing Spotting Signs Of Financial Elder Abuse Remedies For Injured Seniors One California city is launching a special law enforcement task force to combat financial elder abuse within the community.  According to the city’s announcement, over 5 million Americans each year are victimized as a […]

ATTORNEY NEWSLETTER Unauthorized Withdrawals From Victim’s Accounts Caregiver Accused Of Abandoning Victim Protections And Remedies For Senior Victims A dishonest stranger posing as a caregiver can rapidly take advantage of an isolated senior once he or she enters a senior’s home and life.  No one should ever let a stranger […]

ATTORNEY NEWSLETTER Never Be Rushed Into A Sale Complicated, Illiquid Insurance Contracts Understand The Disadvantages Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency, and are illiquid (meaning it is costly to get your […]

ATTORNEY NEWSLETTER Investment Advisor Targeted Older Customers Several Lost Life Savings How To Avoid This Kind Of Fraud Dishonest financial advisors, life insurance agents, stock promoters and retirement planners prey on older investors, exploiting their fear of running out of money as they grow older.  False promises of high returns […]