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Posts tagged "Elder Financial Abuse"

Whistleblower Speaks Out on Suspected Elder Abuse

As a 42-year veteran officer of New Hampshire's Portsmouth police department, John Connors is serious about his duty to protect the community, and that includes from elder abuse. When his wealthy elderly neighbor Geraldine Webber, already in her nineties, began receiving frequent visits from fellow officer Aaron Goodwin in 2010, Connors sensed something was amiss. His cause for concern was genuine; two weeks after she met Goodwin, Webber told Connors that the younger police officer had fallen in love, would soon leave his wife and children to move in with her, and that she would 'give him everything.'

Elder Abuse in Ethnic Communities

One of the major reasons why elder abuse is difficult to track is under-reporting: victims of abuse are reluctant to come forward out of fear, shame, or embarrassment. And in ethnic and immigrant communities, this factor is only magnified due to the insular culture of many such groups.

Elder Financial Abuse & Bank Accountability

When a bank attempts to pass the buck on elder financial abuse, should it be held accountable for its actions? As reported by the Santa Cruz Sentinel's Jeremy Thomas, a recent case out of Livermore has highlighted just this problem - while underlining the necessity of safeguarding our senior citizens from exploitation.

Elder Abuse and Disappearing Estates

In many elder abuse cases, the intended beneficiaries of an estate (whether children, spouse, etc.) are shocked to learn that they are to receive nothing from their loved one after they've passed on. The reason? At a certain point before their death, the ailing decedent was unduly influenced by another party to change their will or trust, thereby transferring assets - sometimes a financial necessity - away from the original intended inheritors.

Elder Financial Abuse is a Bigger Problem than We Think

When most journalists, investment and insurance professionals, and attorneys estimate the financial damage our senior citizens suffer from elder financial abuse, they'll point to a familiar figure from MetLife: $2.9 billion in annual losses. That number, taken from MetLife's well-researched 2009 study, might still fall short of a full accounting, though. Reported cases, after all, will compose only a fraction of the massive fraud and exploitation perpetrated against the elderly.

CA End of Life Option Act Enables Predators

Last Wednesday in the California State Senate, Sens. Lois Wolk of Davis and Bill Monning of Santa Cruz introduced a new bill to make assisted suicide legal in California. Entitled the End of Life Option Act, the bill is designed to legalize assisted suicide in the state of California.

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