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FINANCIAL FRAUD I SENIOR FRAUD – Seniors More Susceptible to Financial Fraud – Avoiding Senior Financial Fraud

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FINANCIAL FRAUD I SENIOR FRAUD - Seniors More Susceptible to Financial Fraud – Avoiding Senior Financial Fraud ¬¬¬¬¬¬July 16, 2019 Chances of falling victim to financial fraud increase as we age. We become less savvy in financial transactions and become more susceptible to financial fraud as we grow older. Some senior victims of financial fraud may not even realize at first that they have gotten into trouble. The most common financial fraud schemes are targeted towards seniors and focused on real estate. Senior homeowners and landowners, especially in southern California are even more susceptible to financial fraud due to high real-estate prices. These are the most common financial fraud schemes - Avoiding Senior Financial Fraud: - Senior Financial Fraud by Fraudulent Agreements: Real Estate Sale Agreements are sent to seniors in the mail for their execution without any prior notice, negotiations or any intent to sell - Senior Financial Fraud by Lowball Cash Purchase Offers: Lowball cash offers are made to seniors often in person - Senior Financial Fraud by Fraudulent Notices: False notices of liens or foreclosures - Senior Financial Fraud by Fraudulent Threats: False threats are made to encourage seniors to sell their homes or land for a nominal amount well below fair market value. Forbes published an article on “Why Older Adults Are So Susceptible To Financial Fraud” the link to that article is included here: https://www.forbes.com/sites/nextavenue/2016/12/18/why-older-adults-are-so-susceptible-to-financial-fraud/#19cec1202770 If you or someone you know has fallen victim to financial fraud or senior fraud abuse, we encourage you to call our offices today at 619-432-5145 for a free consultation with one of our Financial Fraud Attorneys. TAGS: California Investment Attorney, San Diego Investment Attorney, California Fraud Attorney, San Diego Fraud Attorney, Foreign Direct Investment Counsel, Financial Elder Abuse, Senior Abuse Fraud, Ponzi Scheme Attorney, Seniors More Susceptible to Financial Fraud, Seniors More Susceptible to Fraud, Financial Fraud, Senior Fraud by Fraudulent Notices, Senior Fraud by Fraudulent Threats, Senior Fraud by Lowball Cash Purchase Offers, Senior Fraud by Fraudulent Agreements, Common Senior Financial Fraud, Common Senior Fraud schemes, Financial Fraud Attorney, Attorney for Victims of Financial Fraud, Avoid Senior Financial Fraud

FINANCIAL FRAUD I SENIOR FRAUD – Seniors More Susceptible to Financial Fraud – Avoiding Senior Financial Fraud

FINANCIAL FRAUD I SENIOR FRAUD – Seniors More Susceptible to Financial Fraud – Avoiding Senior Financial Fraud

July 16, 2019

Chances of falling victim to financial fraud increase as we age.  We become less savvy in financial transactions and become more susceptible to financial fraud as we grow older.  Some senior victims of financial fraud may not even realize at first that they have gotten into trouble.  The most common financial fraud schemes are targeted towards seniors and focused on real estate. Senior homeowners and landowners, especially in southern California are even more susceptible to financial fraud due to high real-estate prices.  These are the most common financial fraud schemes – Avoiding Senior Financial Fraud:

  • Senior Financial Fraud by Fraudulent Agreements: Real Estate Sale Agreements are sent to seniors in the mail for their execution without any prior notice, negotiations or any intent to sell
  • Senior Financial Fraud by Lowball Cash Purchase Offers: Lowball cash offers are made to seniors often in person
  • Senior Financial Fraud by Fraudulent Notices: False notices of liens or foreclosures
  • Senior Financial Fraud by Fraudulent Threats:False threats are made to encourage seniors to sell their homes or land for a nominal amount well below fair market value.

Forbes published an article on “Why Older Adults Are So Susceptible To Financial Fraud” the link to that article is included here: https://www.forbes.com/sites/nextavenue/2016/12/18/why-older-adults-are-so-susceptible-to-financial-fraud/#19cec1202770

If you or someone you know has fallen victim to financial fraud or seniorfraud abuse, we encourage you to call our offices today at 619-432-5145 for a free consultation with one of our Financial Fraud Attorneys.

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