California Attorneys Help Clients Detect Scams that Target the Elderly
Our Bay Area Elder Abuse Lawyers Have Decades of Experience
Victims of financial scams often are angry with themselves for being scammed. However, victims misplace their anger. At Needham Kepner & Fish LLP, we vow to bring these con artists to justice. Our Bay Area elder abuse lawyers can help clients uncover the scams. Then, we help recover the stolen assets. Our lawyers have a reputation for helping elderly clients in and around the San Francisco area.
Types of Scams That Target Seniors
Deceptive individuals and companies operate scams that often appear legitimate on the surface. Our Santa Clara County elder abuse attorneys have learned how these cons work. Here are some of the most common scams that target senior citizens:
- Reverse mortgages: Senior citizens are often financially stable and have good credit. This makes them prime targets for con artists. In a legitimate reverse mortgage, an older homeowner in effect receives current income from the home’s surplus equity. This allows the senior to benefit from the equity without selling the home. In a reverse mortgage scam, the con artist pushes the senior into a lopsided deal. The lopsided deal can end with the fraud artist owning the home and the homeowner’s eviction. If a mortgage broker tries to get you to enter into a reverse mortgage, speak to a trustworthy attorney before signing anything.
- Home improvement: Some scammers take advantage of seniors by claiming that their homes need costly repairs. The con artist may show up at your door unannounced and offer a free inspection. No matter what shape your house is in, the scammer tells you that your house is a wreck and needs expensive repairs. The scammer performs no repairs, pockets your check and vanishes. If a stranger tries to sell you on home repairs, “no thanks” is the prudent response.
Lawyers for Seniors Who Have Been Scammed in San Jose, San Francisco and Sacramento
If you suspect that you or a loved one is the victim of a scam or other financial abuse, our elder abuse lawyers are ready to fight for you. At Needham Kepner & Fish LLP, we are available for weekend and evening meetings. To schedule a free consultation, call us today at (408) 956-6949 or use our online form.