{"id":10094,"date":"2021-08-02T17:08:47","date_gmt":"2021-08-02T21:08:47","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=10094"},"modified":"2021-08-03T09:34:24","modified_gmt":"2021-08-03T13:34:24","slug":"did-your-stockbroker-engage-in-elder-financial-fraud","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/","title":{"rendered":"Did Your Stockbroker Engage In Elder Financial Fraud?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10095 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/08\/Elder-Financial-Fraud.jpg\" alt=\"Most stockbrokers and other financial service representatives genuinely care about their clients. Unfortunately, there are some in the mix who see an elderly client as a target-rich environment, and the abuse frequently isn\u2019t detected until it\u2019s too late. They take advantage of a client who may not completely understand what\u2019s being discussed or what they may be signing. Financial abuse of the elderly is the biggest form of elder abuse, and it\u2019s getting bigger. An estimated $2.9 billion is stolen every year from elders. Our attorneys work with victims to recover losses from financial advisors, trustees and family members who engage in misconduct. Most people believe that only wealthier seniors are targeted for elder financial fraud, but any senior can be targeted. Elders who are not financially well off can lose everything. Unfortunately, our lawyers have handled cases involving massive losses that steal a person\u2019s senior years. This is a growing problem that is only expected to get worse as the \u201cbaby boomer\u201d generation gets older.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/08\/Elder-Financial-Fraud.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/08\/Elder-Financial-Fraud-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Most stockbrokers and other financial service representatives genuinely care about their clients. Unfortunately, there are some in the mix who see an elderly client as a target-rich environment, and the abuse frequently isn\u2019t detected until it\u2019s too late. They take advantage of a client who may not completely understand what\u2019s being discussed or what they may be signing. <a href=\"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/#more-10094\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most stockbrokers and other financial service representatives genuinely care about their clients. Unfortunately, there are some in the mix who see an elderly client as a target-rich environment, and the abuse frequently isn\u2019t detected until it\u2019s too late. They take advantage of a client who may not completely understand what\u2019s being discussed or what they [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[582,580],"tags":[],"class_list":["post-10094","post","type-post","status-publish","format-standard","hentry","category-elder-fraud","category-stockbroker-misconduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Did Your Stockbroker Engage In Elder Financial Fraud? &#8212;<\/title>\n<meta name=\"description\" content=\"People believe that only wealthier seniors are targeted for elder financial fraud, but any senior can be targeted, and can lose everything.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Did Your Stockbroker Engage In Elder Financial Fraud? &#8212;\" \/>\n<meta name=\"twitter:description\" content=\"People believe that only wealthier seniors are targeted for elder financial fraud, but any senior can be targeted, and can lose everything.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/08\/Elder-Financial-Fraud.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Did Your Stockbroker Engage In Elder Financial Fraud? &#8212;","description":"People believe that only wealthier seniors are targeted for elder financial fraud, but any senior can be targeted, and can lose everything.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/","twitter_card":"summary_large_image","twitter_title":"Did Your Stockbroker Engage In Elder Financial Fraud? &#8212;","twitter_description":"People believe that only wealthier seniors are targeted for elder financial fraud, but any senior can be targeted, and can lose everything.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/08\/Elder-Financial-Fraud.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Did Your Stockbroker Engage In Elder Financial Fraud?","datePublished":"2021-08-02T21:08:47+00:00","dateModified":"2021-08-03T13:34:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/"},"wordCount":932,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/08\/Elder-Financial-Fraud.jpg","articleSection":["Elder Fraud","Stockbroker Misconduct"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/","url":"https:\/\/www.silverlaw.com\/blog\/did-your-stockbroker-engage-in-elder-financial-fraud\/","name":"Did Your Stockbroker Engage In Elder Financial Fraud? 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