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Recognizing and Reporting Financial Elder Abuse–California’s Financial Elder Abuse Reporting Act
Editor’s note: Christopher Walton is an attorney who specializes in elder abuse litigation. His office is in San Diego and his website is at http://www.waltonlawapc.com/. He also publishes a terrific blog on a variety of elder law topics, and this post is intended to draw attention to an important topic covered in one of his posts there.
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The elderly are prime targets for financial scams. Persons over the age of 50 control over 70% of the nation’s wealth. Yet senior citizens are more likely to have disabilities or impairments that make them vulnerable to manipulation and prevent them from taking action against their abusers.
Some widespread forms of financial elder abuse include:
• Identity theft
• Predatory lending
• Telemarketing fraud
• Estate planning scams
• Home improvement scams
If you know or suspect someone is the victim of financial elder abuse, an experienced California elder abuse attorney can help. Financial abuse victims are entitled to various compensatory damages under California law, including attorney’s fees and costs. Christopher Walton has successfully handled numerous elder abuse cases in San Diego and other areas of California, helping an underserved population halt the cycle of abuse. Mr. Walton is dedicated to defending the rights of elder abuse victims and ensuring they receive the compensation they deserve.