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The Older Americans Act of 2006 defines elder financial abuse, or financial exploitation, as “the fraudulent or otherwise illegal, unauthorized, or improper act or process of an individual, including a caregiver or fiduciary, that uses the resources of an older individual for monetary or personal benefit, profit, or gain, or that results in ...
Jun. 14—EL PASO — In honor of World Elder Abuse Awareness Day on June 15, the FBI wants to remind friends, family, and loved ones of elderly Americans to know the signs of elder fraud. While ...
The FBI-Boston reports that the most common elder fraud schemes reported to IC3.gov in 2023 were "tech support scams, confidence and romance scams, investment scams, and government impersonation ...
Bristol and West Building Society v Mothew [1996] EWCA Civ 533 is a leading English fiduciary law and professional negligence case, concerning a solicitor's duty of care and skill, and the nature of fiduciary duties. The case is globally cited for its definition of a fiduciary and the circumstances in which a fiduciary relationship arises.
Chase bank did little to stop the fraud. A scammer compelled an 81-year-old woman to wire more than $600,000 overseas within a span of days. Chase bank did little to stop the fraud.
The experts included: (1) a licensed psychologist who specializes in forensic neuropsychology; (2) an expert in the criminal prosecution of elder abuse; (3) a probate attorney with extensive experience with conservatorships, estate planning, and undue influence; and (4) a professor of gerontology with expertise in elder abuse. [1]
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A petition filed in San Francisco Superior Court alleges that California Democratic Sen. Dianne Feinstein has been the victim of “elder financial abuse” with regard to the management of a trust.
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