ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Seniors Exiting Annuity Contracts Is Costly Sales Commissions, Fees, And Withdrawal Penalties Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement. Indexed annuities, like most deferred […]

ATTORNEY NEWSLETTER Caregiver And Her Husband Arrested 71-Year-Old Victim With Cerebral Palsy Thousands Of Dollars In Unauthorized Purchases Unauthorized use of an elderly or dependent person’s debit and credit cards is a frequently recurring form of financial elder and dependent adult abuse.  Sometimes the cases involve actual use of the […]

ATTORNEY NEWSLETTER Falsifying Caregiver Time Records 94-Year-Old Victim Protecting Older Loved Ones And Pursuing Remedies Falsification of time sheets by paid caregivers is one of the ways dishonest caregivers financially exploit older persons. Altering their paychecks to make them greater is another.  Using debit and credit cards repeatedly is yet […]

ATTORNEY NEWSLETTER The Increasing Epidemic Of Financial Elder Abuse Most cases of financial elder abuse, according to law enforcement studies, remain unreported because the victim is embarrassed or ashamed by what has happened, or because they suffer from cognitive impairment and are unaware of the abuse. Financial elder abuse is […]

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 […]

ATTORNEY NEWSLETTER Forged And Altered Checks Alleged Prior Criminal Record $1 Million Missing From Victim’s Trust According to FBI and National Institute of Justice statistics, as many as one in 10 seniors are victims of financial elder abuse, and their financial predators are most often caregivers or other persons in […]

ATTORNEY NEWSLETTER Overpayment Based On Falsified Timesheets Family Detected Time Discrepancies Protecting Seniors From Fraud Whatever the “form” or frequency or size of financial elder abuse, any taking of a senior’s property, or any assistance in that taking is a crime and grounds for civil liability of the person doing […]

ATTORNEY NEWSLETTER In-Home Caregiver Obtained POA Allegedly Stole $49,829 In Three Months Online Bank Transfers Financial powers of attorney (POAs) appoint designated persons to transact financial affairs on behalf of the person granting the power with full legal authority to do so.  The person appointed under the POA is called […]

ATTORNEY NEWSLETTER Caregiver Arrested For Stealing Over $1 Million From Senior Fraudulent Checks And Large “Gifts” Remedies For Seniors And Their Families Older persons lose more than $3 billion annually as a result of financial elder abuse, according to FBI and National Institute of Justice statistics. The true figure is […]

ATTORNEY NEWSLETTER $1 Million Missing From 94-Year-Old’s Trust Multiple Check Forgeries Alleged Unlicensed Caregiver Reportedly Had Prior Criminal Record While theft from any person is a crime, when the victim is over 65 any theft is also criminal financial elder abuse and grounds for civil liability against the person who […]