{"id":31409,"date":"2026-01-06T21:35:14","date_gmt":"2026-01-07T03:35:14","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=31409"},"modified":"2026-01-13T19:04:48","modified_gmt":"2026-01-14T01:04:48","slug":"elder-financial-exploitation-2","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/","title":{"rendered":"When Banks Fail To Protect Older Seniors From Elder Financial Abuse\u00a0"},"content":{"rendered":"<p><strong>When Banks Fail To Protect Older Seniors From Elder Financial Abuse\u00a0<\/strong><\/p>\n<p><strong>86-Year-Old Grandmother Sues Merrill Lynch, UBS, and TD Bank Over Loss of $700,000 in Life Savings in Fraud Scam<\/strong><\/p>\n<p>Shepherd Smith Edwards and Kantas Elder Financial Exploitation attorneys (<a href=\"https:\/\/www.investorlawyers.com\/\">investorlawyers.com<\/a>) represent seniors who have suffered losses because of <a href=\"https:\/\/www.investorlawyers.com\/elder-financial-abuse-by-brokers-and-investment-advisers.html\">elder financial abuse<\/a>. Banks, brokerage firms, and investment advisers are supposed to protect investors from becoming the victims of fraud. It is no secret that elderly seniors, especially those with cognitive impairments, can be especially vulnerable to scammers. Elder financial abuse reportedly costs older Americans about $28B a year.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/\"  title=\"Continue Reading When Banks Fail To Protect Older Seniors From Elder Financial Abuse\u00a0\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>When Banks Fail To Protect Older Seniors From Elder Financial Abuse\u00a0 86-Year-Old Grandmother Sues Merrill Lynch, UBS, and TD Bank Over Loss of $700,000 in Life Savings in Fraud Scam Shepherd Smith Edwards and Kantas Elder Financial Exploitation attorneys (investorlawyers.com) represent seniors who have suffered losses because of elder financial abuse. Banks, brokerage firms, and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":31410,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4768,5394,4055],"tags":[4913],"class_list":["post-31409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-elder-financial-abuse","category-elder-financial-exploitation","category-featured-investigation","tag-elder-financial-exploitation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Elder Financial Exploitation<\/title>\n<meta name=\"description\" content=\"Protect seniors from Elder Financial Exploitation. We sue banks and brokers for negligence in senior fraud cases. Free consultation: (800) 259-9010\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Elder Financial Exploitation\" \/>\n<meta name=\"twitter:description\" content=\"Protect seniors from Elder Financial Exploitation. We sue banks and brokers for negligence in senior fraud cases. Free consultation: (800) 259-9010\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/01\/Elder-Financial-Exploitatio.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Elder Financial Exploitation","description":"Protect seniors from Elder Financial Exploitation. We sue banks and brokers for negligence in senior fraud cases. 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Free consultation: (800) 259-9010","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/01\/Elder-Financial-Exploitatio.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"When Banks Fail To Protect Older Seniors From Elder Financial Abuse\u00a0","datePublished":"2026-01-07T03:35:14+00:00","dateModified":"2026-01-14T01:04:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/"},"wordCount":665,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/01\/Elder-Financial-Exploitatio.jpg","keywords":["Elder Financial Exploitation"],"articleSection":["Current Investigations","Elder Financial Abuse\u00a0","Elder Financial Exploitation","Featured Investigation"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/","url":"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/","name":"Elder Financial Exploitation","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/elder-financial-exploitation-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/01\/Elder-Financial-Exploitatio.jpg","datePublished":"2026-01-07T03:35:14+00:00","dateModified":"2026-01-14T01:04:48+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Protect seniors from Elder Financial Exploitation. 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