Elder Financial Abuse

Elder Financial Abuse Lawyers

Published on: June 27, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Are You A Victim of Elder Financial Abuse? Elder Fraud Cost Victims More Than $3.4B in 2023, Reports FBI

June 15 was World Elder Abuse Awareness Day, which was established to promote a greater awareness globally about the abuse and neglect that can be suffered by older persons. Here, at Shepherd Smith Edwards and Kantas our Elder Financial Abuse Lawyers (investorlawyers.com) represent seniors who have fallen victim to elder financial abuse by a broker or investment adviser.

In a recent report by the Federal Bureau of Investigation (FBI), its Internet Crime Complaint Center stated that in 2023, total losses exceeded over $3.4B from scams reported that targeted victims older than 60. That is a nearly 11% rise from the losses reported in 2022. About $1.24B of the losses from last year were a result of investment schemes.

San Francisco Elder Financial Abuse Attorneys

Published on: June 4, 2024 | by Shepherd Smith Edwards & Kantas, LLP

San Francisco Elder Financial Abuse Attorneys. Representing Older SF Bay Area Investors Against Broker-Dealers and Investment Advisers

For more than 30 years, Shepherd Smith Edwards and Kantas (investorlawyers.com) have been representing elderly investors who have been the victims of financial abuse by stockbrokers and investment advisers. From our San Francisco securities law office, we work with clients and their families throughout the Bay Area and the rest of Northern and Central California in recouping the damages they are owed.

Elder financial abuse is a serious crime that can rob older people not just of their money but of their ability to support themselves and take care of their medical and other needs at this late stage in life. It is most commonly perpetrated by someone the victim knows, including loved ones, friends, and caretakers.

New York Elder Financial Abuse Lawyers

Published on: May 8, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Our New York Elder Financial Abuse Lawyers Represent Older Investors and Their Families Who Have Broker Fraud Claims

Elder financial abuse is a crime that involves a perpetrator stealing money or assets from an older person. It is often committed by someone that the victim knows, such as a relative, a close friend, a caretaker, or a trusted professional. At Shepherd Smith Edwards and Kantas (investorlawyers.com) we represent elderly New York investors and their families who have been the victims of broker misconduct or negligence. In the most egregious instances, this can involve deliberate elder financial exploitation.

Older seniors are one of the most vulnerable groups when it comes to financial abuse. By this point in life, many elderly investors will have accrued a nest egg after years of hard work. This means that they have money for bad brokers to misappropriate. Not only that, but as a person ages, they may develop memory problems or decreased mental function, including Alzheimer’s or dementia, and this can make it easier to take advantage of them.

Elder Financial Abuse Attorney

Published on: December 5, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Older Investors Remain Among The Most Vulnerable Targets of Broker Exploitation

Our Elder Financial Abuse Attorney Teams Are Investigating Claims of Losses Involving Ex-Mutual Securities Broker Julie Darrah

Financial exploitation of older people remains a huge problem, and such crimes frequently go unreported because victims are reluctant to speak out. Those who commit elder financial abuse may be friends, family, acquaintances, and even trusted stockbrokers and investment advisers who should have been looking out for their client’s best interests and not taking advantage of them.

Elder Financial Exploitation

Published on: June 29, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Our Skilled Elder Financial Abuse Attorneys Represents Retirees and Seniors

Elder Financial Exploitation Leads To $28.3B in Losses Yearly, Reports AARP

If you are wondering whether you or someone you love may have suffered investment losses due to elder financial abuse by a broker, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. Throughout the US, we help seniors and retirees in going after the brokerage firms whose negligence or misconduct led to them losing money.

Senior Investor Fraud Lawyers

Published on: May 30, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Are You A Retiree Whose Citizens Securities Broker Sold You Colorado Bankers Life Insurance Annuity?

Our Trusted Senior Investor Fraud Lawyers May Be Able To Help You Recoup Your Losses

Shepherd Smith Edwards and Kantas team of Senior Investor Fraud Lawyers (investorlawyers.com) are helping many of the investors who suffered losses in Colorado Bankers Life Insurance and the other insurance companies owned by Greg Lindberg. This includes, most recently, filing another FINRA lawsuit against brokerage firm Citizens Securities, Inc. on behalf of a Florida retiree who is seeking up to $500K in damages.

Annuity Investor Fraud Lawyers

Published on: May 15, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Are You A Massachusetts Investor Whose Citizens Securities Financial Advisor Sold You Colorado Bankers Life Insurance Annuities?

Our Annuity Investor Fraud Lawyers May Be Able To Help

The team of Annuity Investor Fraud Lawyers at Shepherd Smith Edwards and Kantas (investorlawyers.com) are offering free, initial case consultations to Massachusetts investors who suffered losses in Colorado Bankers Life Insurance annuities. This includes those who were sold their policies by a Citizens Securities financial advisor. Citizens Securities, which is a Citizens Financial Group subsidiary, is now under investigation by Massachusetts Secretary of State William Galvin’s office.

Elderly Parent Financial Abuse Lawyers

Published on: May 2, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Are You Worried Your Elderly Parent May Be A Victim of Investment Fraud?

Our Elderly Parent Financial Abuse Lawyers Represent Senior Investors and Their Families

Unfortunately, older retirees continue to be a favorite target of unscrupulous financial professionals and others seeking to take advantage of their retirement accounts or life savings. The health issues, including potential cognitive impairments, that can come with growing older may make elderly investors even more vulnerable to Elderly Parent Financial Abuse.

Retirement Loss Lawyers

Published on: April 3, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Are You A Retiree Who Lost Your Life Savings After Investing with a Stockbroker?

Our Skilled Retirement Loss Lawyers Can Help You Determine Whether You Have Grounds For Financial Recovery

Whether you are an elderly investor who has worked for decades to acquire a healthy savings balance or a younger investor preparing for later in life, Shepherd Smith Edwards and Kantas (investorlawyers.com) know how devastating it can be to lose your retirement funds whether due to an adverse event or because your financial advisor was negligent, careless, or purposely misappropriated your funds. As a matter of fact, many of the clients we represent are elderly seniors, younger retirees, and investors who sustained losses to their retirement monies because of investment advisor negligence or broker fraud. Over the years, our knowledgeable retirement loss attorneys have helped thousands of investors to recover damages from brokerage firms.

Elder Financial Abuse

Published on: February 28, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Why Older Investors Suffering From Dementia Are Vulnerable To Broker Fraud

Barred Fifth Third Securities Financial Advisor Is Accused of Elder Financial Abuse

Our skilled Elder Financial Abuse lawyers represent older investors in pursuing damages from the brokers and investment advisors whose actions caused them to sustain serious investment losses. Our clients also include older investors who are suffering from Dementia or other serious health issues.