In its simplest form, financial elder abuse involves taking money or property from an elderly person with the intent to defraud them. It is a growing problem given the increasing…
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It is estimated that nearly one in five Americans over age 65 become victims of financial elder abuse every year, costing them approximately $3 billion. Research also suggests that instances…
California elder abuse attorneys are increasingly being called upon to litigate claims relating to financial elder abuse. Financial elder abuse law in California has changed significantly over the past several…
Sadly, stories of seniors being scammed out of money are increasingly common. According to a recent study by MetLife, incidents of senior financial fraud increased by 12% from 2008 to…
The elderly are prime targets for financial scams. Persons over the age of 50 control over 70% of the nation’s wealth. Yet senior citizens are more likely to have disabilities…