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A skilled elder abuse attorney at Patil Law can help if you or someone you love has experienced financial exploitation, investment fraud, or elder neglect. Our team of elder abuse lawyers specializes in protecting seniors and recovering assets lost through deceptive practices and exploitation of elderly persons.

The Growing Problem Of Elder Abuse and Financial Exploitation

According to the SEC, older investors face increasing targeting by securities fraud perpetrators. With substantial wealth accumulated over decades and limited ability to rebuild retirement funds, addressing this issue is critical. Our elder abuse attorneys help victims navigate these devastating consequences.

Elder abuse and elder neglect affects millions of American seniors annually. Modern financial complexity, combined with potential cognitive decline, creates an environment where predatory individuals can take advantage of vulnerable elderly persons. Learn more about Cognitive Decline and Financial Capacity: Legal Standards in Elder Investment Cases.

Why Choose Our Elder Abuse Lawyers for Litigation?

Firm founder Chetan Patil brings over 15 years of experience in complex elder abuse litigation disputes nationwide. Patil Law has recovered more than $25 million for clients, including a $5 million settlement for clients improperly sold illiquid REITs who were forgery victims.

Our elder abuse attorneys specialize in litigation, arbitration, and appeals of complex securities, FINRA cases, and financial disputes, emphasizing securities and regulatory law to fight elder neglect and abuse.

Our legal team travels extensively to serve clients across the country and has an impeccable track record of success. We’ve represented defrauded elderly investors, family trusts, offices, companies, banks, broker-dealers, investment advisors, and securities brokers.

With Patil Law’s elder abuse lawyers, you receive:

  • Personalized attention from attorneys specializing in senior exploitation and elder neglect cases
  • Regular updates and transparent communication
  • Strategic planning tailored to your situation
  • Support from lawyers who understand the unique challenges facing elderly persons
  • Access to financial forensic specialists
  • Representation by attorneys experienced in FINRA arbitration and elder abuse litigation

How Much Do We Charge

We believe in accessible justice for victims of elder abuse. Thus, we operate on a contingency fee arrangement. You do not pay any legal fees upfront. Our elder abuse attorneys only get paid if we secure a favorable settlement or verdict for our clients.

Contact Our Elder Abuse Lawyer Now

If you or a loved one has been a victim of elder abuse, elder neglect, or financial exploitation, you don’t have to stay silent anymore. Patil Law’s elder abuse lawyers are here to help you fearlessly pursue justice and compensation against those who have wronged and scammed elderly persons for their hard-earned money.

Call us now at (866) 846-0152 or send us a message through our secure and confidential online form. Our team of compassionate elder abuse attorneys is always on standby to provide immediate assistance.

Five Star Review
I've known Chetan for over 10 years. I know when I refer a case to his firm, he will handle it the right way to maximize the outcome for his clients. I trust him 100% and am confident that the client will get the attention and expertise she/he needs.
Preston L. (attorney)
Five Star Review
I've known Chetan for over 10 years. I know when I refer a case to his firm, he will handle it the right way to maximize the outcome for his clients. I trust him 100% and am confident that the client will get the attention and expertise she/he needs.
Joan P. (attorney)

Understanding Elder Abuse and Financial Exploitation Of Seniors

The National Council on Aging reports that up to 5 million older Americans face elder abuse yearly, with annual losses estimated at $36.5 billion.

The American Bankers Association defines elder abuse as a crime depriving elderly persons of resources and independence through theft, fraud, asset misuse, or undue influence over money or property.

Elder abuse and elder neglect take many forms in nursing and care facilities or at home, including:

  • Physical abuse and neglect of elderly persons
  • Theft of money or property
  • Document forgery
  • Misuse of power of attorney
  • Manipulation of wills or trusts
  • Investment, insurance, or real estate fraud
  • Telemarketing scams targeting seniors
  • Identity theft focused on seniors
  • Improper influence by caregivers or family in nursing home facilities

For comprehensive information about Elder Financial Exploitation: Special Legal Protections, click here.

Signs Of Elder Abuse and Financial Exploitation

Warning signs of elder abuse and elder neglect in nursing home facilities or in-home care settings include:

  • Sudden changes in bank accounts
  • Unpaid bills despite adequate resources
  • Previously uninvolved relatives claiming property rights
  • Asset transfers outside the family
  • Changes in spending habits
  • Increased financial anxiety
  • Unexplained withdrawals
  • Missing valuables
  • New acquaintances with financial interest
  • Abrupt changes to legal documents
  • Unusual transactions
  • Physical signs of abuse or neglect
  • Poor physical care in nursing facilities

Common Investment Scams Targeting Elderly Persons

The SEC has identified several common schemes targeting the elderly:

Charitable Gift Annuities Fraudsters pose as charities offering payments in exchange for “investments” that actually fund personal accounts.

“High Return” Investments These schemes promise unrealistic returns from “low-risk opportunities.” Often, the promoted products don’t exist.

Investment Advisor Exploitation Some advisors exploit their trusted position to recommend excessive transactions, unsuitable investments, or misappropriate funds. For information about Power of Attorney Abuse in Investment Contexts: Legal Remedies, visit our guide.

Fraudulent Financial Products Scammers sell fake CDs, bonds, promissory notes, or complex sale-leaseback contracts with unrealistic returns.

Unsuitable Recommendations Some advisors recommend high-risk products like options, futures, and penny stocks to conservative senior investors. Review our information on Senior-Specific Investor Protection Regulations for more guidance.

Ready To Talk to an Elder Abuse Attorney?

Please reach out to our team of elder abuse lawyers so we can privately discuss your situation. We’ll review the facts of your matter and discuss how our elder abuse attorneys can help you. We pride ourselves on always being compassionate and respectful toward elderly persons.

FINRA Arbitration Process for Elder Abuse Cases

Many elder abuse and exploitation cases are resolved through FINRA arbitration. This process typically includes:

  1. Initial consultation and case evaluation
  2. Statement of claim filing
  3. Respondent’s answer
  4. Arbitrator selection
  5. Discovery phase
  6. Pre-hearing conference
  7. Arbitration hearing
  8. Final decision

FINRA arbitration offers advantages for seniors suffering from elder abuse or neglect, including faster resolution, lower costs, less formality, and greater privacy. Learn about Trusted Contact Requirements: Brokerage Obligations to protect seniors.

Legal Remedies for Elder Abuse and Neglect

Several legal options exist for elderly persons suffering from abuse:

  • State-specific civil cases to recover losses
  • Account freezing or property transfer holds
  • Financial institution transaction holds
  • Protection orders against physical abuse

Many states have enhanced protections for elderly persons including:

  • Increased penalties for elder abuse perpetrators
  • Extended statutes of limitations for elder abuse cases
  • Expedited court proceedings
  • Mandatory reporting requirements
  • Recovery of attorney fees
  • Family member representation rights

Contingency Fee Structure

Our elder abuse attorneys operate on a contingency basis—you pay no legal fees upfront. We only get paid if we secure a favorable outcome in your elder abuse case.

Recent Elder Abuse Case Success Stories

Recent victories by our elder abuse lawyers include:

  • $3.2 million recovery for a retired teacher placed in unsuitable investments
  • $1.8 million settlement for seniors sold fraudulent promissory notes
  • $750,000 FINRA award for a churning victim
  • $2.1 million recovery in a power of attorney abuse case
  • $425,000 in damages for an investment seminar scam victim

Contact An Experienced Elder Abuse Attorney Today

Consult with Patil Law, P.C. to protect senior rights against elder abuse and neglect. Financial exploitation significantly impacts elderly investors’ lives. Seniors have unique circumstances making them exploitation targets.

Our resources and expert network allow thorough investigation of elder abuse and exploitation claims. The damage extends beyond monetary losses—affecting dignity, independence, and physical care and well-being of elderly persons.

Call (866) 846-0152 for a free consultation with an elder abuse lawyer, or message through our secure online form. For information about Intergenerational Wealth Transfer: Legal Protections against exploitation, visit our resource center.

With Patil Law’s elder abuse attorneys, you gain advocates committed to restoring financial security and peace of mind for vulnerable seniors. Let our experience work for you as we pursue justice and recovery in your elder abuse case.