Elder financial abuse is one of the fastest growing crimes against seniors that exists in the United States. Partly fueled by a volatile economy, scammers are familiar with the financial issues many elderly people face, such as decreased home values and incomes. Assets that people have worked hard to save are worth much less than they once were.
At the Mullin Law Firm, we are committed to protecting the rights of the elderly in California. We will do everything we can to uncover the truth and help your parent live out the rest of his or her life with dignity. Remember, elder financial and physical abuse are crimes.
If you suspect that a loved one has fallen victim to elder financial abuse in California, contact the Mullin Law Firm in Concord at 925-852-6014. Our lawyers are available to answer your questions and provide you with quality legal guidance in a timely manner.
California Elder Financial Scams
Those who take advantage of elderly people are predators. Though they can be outside scam artists, they can also be family members, friends or caregivers. Typically, they gain the confidence of an elderly person and then take advantage of them by selling them erroneous products or misusing their financial resources. Examples are as follows:
- Construction scams
- Mortgage and lending scams
- Reverse mortgages
- Financial products, such as annuities
- Pyramid schemes
- Credit card fraud
- Identity theft
- Check forgery
- Investment fraud
- Commingling finances
Countless elderly people fall victim to both financial and physical abuse every year. Sometimes seniors become isolated after a caregiver moves in with them. Other times, a nursing home may be guilty of neglect or financial abuse.
If you need an attorney with experience in elder fraud and financial abuse in Contra Costa County, call us toll free at 925-852-6014 or contact us online. We offer free initial consultations to every potential client.