It is a sad but true fact that seniors are often the victims of investment fraud and financial abuse. Sometimes, people prey on unsuspecting and inexperienced seniors by gaining their trust and then using that trust to line their own pockets. Other times, the victims are educated and experienced in business and investments, but are nonetheless taken in by false promises of a more secure retirement. Investment scams aimed at senior citizens come in all shapes and sizes. Some of those who prey on seniors claim to have special credentials as Senior Specialists, when in fact the designation they use is meaningless.
Fortunately, there are laws and rules that are designed to fight senior financial abuse. There are special statutes designed to prevent elder abuse, and they include attorney fee and treble damage provisions. There are also special FINRA arbitration rules that allow claims for seniors to proceed on a fast track. At Banks Law, we have a proud tradition of representing seniors. We know how to use the laws that protect seniors from financial fraud. We are also proud to be certified as an Elder Friendly business--which is not a meaningless designation!
If you or someone you care about is a senior citizen who has been a victim of investment fraud or financial abuse, call us today at 503-222-7475, or use our Free Evaluation form. We do not charge when you contact us. You have nothing to lose, and your peace of mind and investment recovery to gain.