Trustee’s Assistant Steals $500K From Senior
Financial Elder Abuse
When news articles highlight financial elder abuse at the hands of those who should be the most trusted—such as trustees and their staffs—it becomes difficult to put your faith in anyone.
Recently, in Newport Beach, an assistant to the trustee of a 95-year-old woman’s money stole over $500,000 from her account. Allegedely, the assistant used the senior’s money to pay off credit cards, miscellaneous bills, and take lavish vacations to Paris. The man has been charged with more than 25 criminal felony counts, including financial elder abuse.
Yet, unfortunately, the story of financial elder abuse does not stop at this one case. Financial elder abuse runs rampant across the country and happens in all different contexts, financial situations, and relationships. It is important if you are a senior living alone or with caregivers in your home to lock up your financial paperwork, checkbooks, and other related documents. Never be afraid to seek a background check of someone who is supposedly hired to help you. Ask a trusted family member or friend to check in on your bank statements and finances and help you keep an eye on things. If you’re the loved one of a senior, make sure to help where your loved one may need it most.
At Evans Law Firm, we are committed to protecting the rights and lives of elders in our community of San Francisco, California and beyond. We understand how damaging financial elder abuse can be at any level.
If you or a loved one has suffered from financial elder abuse in San Francisco County or in any California county, contact the Evans Law Firm elder attorneys at (415) 441-8669, or by email at email@example.com. 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.