Articles Posted in News of Interest to Seniors

South Florida Elder, Senior and Retirement Financial Abuse and Exploitation FINRA Arbitration and Litigation Attorney: Normally, we provide information like this post on our main website. However, because of the contents of this post, we thought that it would constitute interesting reading for seniors, their care givers, personal representatives and trustees. This post reflects the…

We do not usually publish the same articles on both our website and this blog. However, we felt that this article was something that we thought was of particular interet to seniors. Stock Spams Lead to Stock Scams If you use the Internet you have received “spam” or junk email recommending you invest in a…

South Florida Variable and Fixed Annuity Fraud, Misrepresentation, Breach of Fiduciary Duty and Twisting FINRA Arbitration and Litigation Attorney: We recently were presented with the following factual situation. A single 82 year old, long retired woman received a “cold call” from a mortgage broker, who, after repeated telephone calls and visits to the woman’s home,…

Reverse Mortgages – Boon or Boondoggle – South Florida Retirement Abuse and Exploitation Litigation, Arbitration and Probate Estate Attorney: If you are approaching retirement age, and own your home, chances are you have heard about reverse mortgages-or will soon. Reverse mortgages can be helpful to homeowners who want to stay in their homes but are…

Greed vs. Doing the Right Thing Recently, in a settlement with the Securities and Exchange Commission (SEC), Paul George Chironis, a Long Island, N.Y.-based broker, agreed to pay a $100,000 penalty and $250,000 in disgorgement. The money will be placed in a fair fund and distributed to the Sisters of Charity, a congregation of mostly…

Every once in a while, it is important for seniors to remember that there are people and companies that operate without any remorse in taking your money. Here are a few tips to paste on to your refrigerator to remind yourself of some very fundamental things that you can do to try and protect yourself…

South Florida Promissory Note Fraud, Misrepresentation, Unregistered Sale of Securities and Unsuitable Investment FINRA Arbitration and Litigation Attorney: A Brief Description of a Promissory Note and How the Scam Works: An investment scam that has been gaining in popularity among fraudsters is the sale of promissory notes, especially to seniors. Unlike many investments today, promissory…

South Florida, including Fort Lauderdale, Pompano Beach, Lighthouse Point, Deerfield Beach, Sunrise, Boca Raton and Delray Beach, Elder and Senior Financial Abuse FINRA Arbitration, Litigation and Probate Estate Attorney: Cold Calling – Know Your Rights – This is Especially True for Senior Citizens According to research conducted in several statewide surveys around the country, fraudulent…

This post contains a copy of a report issued by the staff of the SEC, NASAA and FINRA and does not reflect the view of, or include findings or conclusions of the Securities and Exchange Commission. The full release is contained on the attached pdf. document. PROTECTING SENIOR INVESTORS:COMPLIANCE, SUPERVISORY AND OTHER PRACTICES USED BYFINANCIAL…

South Florida Elder and Senior Financial Abuse and Breach of Fiduciary Duty Litigation FINRA Arbitration and Litigation Attorney: The North American Securities Administrators Association, Inc. (NASAA) has issued a post that sets forth 10 general tips to help you protect your nest egg. I have modified this list somewhat based upon issues that I have…