Downs Law Firm, P.C.

Scams

elderly financial abuse

Elderly Financial Exploitation Is Increasing

The Texas Department of Adult Protective Services (APS) recommended Tuesday morning that community members, aged 65 and older, keep their private information, like social security numbers, passwords, maiden names and bank account information, in a locked drawer or somewhere safe.

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Common Estate Planning scams

Some Common Estate Planning Scams

The Wealth Advisor’s recent article entitled “Beware of These Common Estate Planning Scams” advises you to avoid these common estate planning scams. Cold Calls Offering to Prepare Estate Plans. Scammers call and email purporting to be long lost relatives who’ve had their wallets stolen and are stranded in a foreign country. Seniors fall prey to…

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elderly financial abuse

Elder Financial Abuse Occurs When No One’s Watching

Take, for example, the sad and sordid tax case of Mary Ellen Cranmer Nice vs. United States of America, which would not have existed if an attentive financial advisor hadn’t noticed the large IRA distributions that were allegedly stolen right from under a matriarch’s nose.

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Coronavirus scams

Coronavirus Scams are Spreading Like the Virus

While residents in Cecil County and throughout the state are taking precautions to safeguard themselves against COVID-19, some people are stealing or attempting to steal money through coronavirus-based scams, according to the Maryland U.S. Attorney’s Office.

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creating your own trust or will

Scams at Death Include Stealing This House

Complaints about stolen homes have shot up from 44 in 2013 to 136 in 2018, according to the city Department of Records. The department is making changes to its security system in the aftermath of the Inquirer stories, but it declined to detail the upgrades, fearing it would tip off scammers.

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