—a rising problem at car dealerships, especially for seniors. A spreading problem at car dealers occurs when the dealership fills out the finance application and misrepresents the monthly income of the car buyer. Dealers do this to make car sales—aREAD MORE
Finance Scams
The Electronic Fund Transfer Act (EFTA) of 1979, also known as Regulation E, is a United States federal law that was enacted to protect consumers engaging in electronic fund transfers (EFTs). This law covers various types of transfers including ATMREAD MORE
According to the FBI, elder fraud cost a staggering $1.7 billion in 2021. Scammers often target older adults – those age 60 and older – because they believe they have substantial savings and are not tech-savvy. However, it’s not justREAD MORE
Financial scams targeting senior citizens are happening with more frequency. The FBI reported that, in 2021, 92,371 older adults were victims of fraud totaling $1.7 billion in losses. Scams and fraud not only have a devastating effect on the victim’sREAD MORE
California has some of the best financial elder abuse laws in the country, specifically designed to protect the elderly from financial abuse. But, to take full advantage of these laws, one needs to know the proper court for the typeREAD MORE