ATTORNEY NEWSLETTER Seniors and elders are the main targets for insurance and annuity scams. Scammers may set up fake insurance companies or loan seniors and elders money to invest in insurance using fake applications so when the senior or elder dies, the scammer receives all the money. Read the following […]

ATTORNEY NEWSLETTER If you or someone you know has reached a point where independent living is no longer feasible, you may need to start looking at alternative living options. If there is someone around to help the elder or senior at night, there are adult day care centers which provide […]

ATTORNEY NEWSLETTER Indexed Universal Life insurance policies are a type of permanent life insurance policy that bases its gains on how the stock market performs. If the stock market is doing well, then gains are higher and vice versa.  However, some insurance agents may be providing buyers with misleading information […]

ATTORNEY NEWSLETTER Thanks to whistleblowers, the Securities Exchange Commission (SEC) can boast an increase in cases – over 686 cases in 2014 alone. This is a first since 2011.  In addition to the increase in numbers of whistleblower cases, the Securities Exchange Commission has had other notable marks: seven of […]

ATTORNEY NEWSLETTER In just over a month, Daisy Yolanda Ramirez will appear for sentencing on multiple criminal charges. The charges stem from calls received by Monterey fire and police, to assist a senior client under the care of the forty-two year old caregiver. An investigation discovered that the elder under […]

ATTORNEY NEWSLETTER Many elders fall victim to fraud through trickery and deceit. However, studies show that aging hampers decision-making abilities due to mental impairment, resulting in a lack of capacity to detect fraud. How do we make decisions? We rely on the part of our brain known as the ventromedial […]

ATTORNEY NEWSLETTER Astonishingly, even before completing discovery, or trial, one of two federal fraud suits against Omnicare has returned an unprecedented settlement, a staggering $124 million. The two qui tam suits filed against Omnicare are: United States ex rel Gale v. Omnicare, Inc., and United States ex rel Silver v. […]

ATTORNEY NEWSLETTER The Securities and Exchange Commission recently issued an investor alert to inform investors about a type of investment scam. Affinity fraud is a form of investment scam that targets members of identifiable groups. The groups targeted could be religious, elderly, ethnic, or any other group that shares common […]

ATTORNEY NEWSLETTER A Los Angeles area insurance agent accused of defrauding senior citizens was sentenced to five years in jail and ordered by the court to pay $1.2 million to compensate his victims.  He will serve his lockup time at the Los Angeles County Jail.   He was accused of participating […]

ATTORNEY NEWSLETTER Financial scams that target the elderly have long been a concern for officials in Sonoma County.  Four recent financial elder abuse cases in Petaluma have police on the alert.  Four recent cases in Petaluma have cost the senior citizen victims more than $219,000.  Police say that they get […]