ATTORNEY NEWSLETTER The American Association of Retired Persons (AARP) gives tools and advice for people to protect their retired parents against fraud and scammers. The growing elderly population loses billions per year as a result of fraud. Senior citizens are more likely to be defrauded than other age groups. It […]

ATTORNEY NEWSLETTER True Link Financial, a California-based company that provides assistance and tools to seniors and their families to prevent elder abuse, released a 2015 report estimating that financial elder abuse costs senior citizens $36.48 billion per year. The report found that “criminal fraud” such as telephone scams, identity theft, […]

ATTORNEY NEWSLETTER As cases of financial elder abuse increase, more financial firms are requiring elderly customers to submit forms with emergency contact information. California financial elder abuse attorneys say that financial advisors and brokers can be in a unique position to detect financial abuse or fraud, as well as issues […]

ATTORNEY NEWSLETTER Apollo Global Management spent millions of dollars to invest in Caesar’s and Harrah’s casinos in 2013 to keep the company afloat, getting the cash from its life insurance division, Athene Life Insurance and Annuity Company. Indirectly, it became Athene Life Insurance and Annuity Company’s investment in the casino […]

ATTORNEY NEWSLETTER Seniors are frequently victims of investment fraud, according to California securities fraud lawyers. The Securities and Exchange Commission’s Office of Investor Education and Advocacy provides some advice and basic rules about investment offers to avoid, and how to identify potentially fraudulent investment opportunities. Before choosing an investment, seniors […]

ATTORNEY NEWSLETTER Disabled seniors have to consider several criteria when they want to retire in California, say California elder abuse attorneys. They should get information about the services offered by the State, as well as take into account the advantages of retiring in California. First of all, there are community-based […]

ATTORNEY NEWSLETTER Elder abuse and neglect reports have significantly increased in Sonoma County over the past few years. According to a recent county report, they have increased by 70 percent over the past five years. However, these wrongdoings frequently go unrectified as they are not acknowledged and/or legally addressed by […]

ATTORNEY NEWSLETTER The Financial Industry Regulatory Authority and the Securities and Exchange Commission recently published a report regarding senior investors. The report sets forth new recommendations for firms that prepare and institute new policies for seniors. FINRA and the SEC “are concerned that some broker-dealers may be recommending riskier and […]

ATTORNEY NEWSLETTER Although elder abuse is a growing problem in this country, a lack of coordination among states and their various agencies, as well as budgetary issues, makes addressing and preventing this issue very difficult. Each state has its own budget and infrastructures dedicated to addressing and preventing elder abuse. […]

ATTORNEY NEWSLETTER The State of California recently modified the former definition of “undue influence” in the Welfare and Institutions Code. Before 2014, in order to prove undue influence, a special relationship between the victim and the perpetrator had to be demonstrated. Now, the evidence that someone’s free will has been […]