Badge - Rated by Super Lawyers Victor A. Rotolo
Badge - Million Dollar Advocates Forum
Badge - Multi Million Dollar Advocates Forums
Badge - New Jersey Supreme Court Certified Attorney
Badge
Badge - New Jersey's Best Lawyers For Families 2018
Badge - Rated by Super Lawyers
Badge - AV Preeminent Victor A. Rotolo
Badge - Client Champion Gold
Badge - Hunterdon County Chamber of Commerce
Badge - Top 100 The National Trial Lawyers
Please click Award & Selection Criteria & Methodology for information regarding the specific criteria used for selection of each of the above awards.

August 2023 - Protecting Loved Ones from Elder Fraud

Elder FraudElder fraud comes in many forms and can include scams involving investments, lotteries, phone and gift cards, Medicare, Social Security and even romance. Sometimes it can be veiled as an offer to help; a neighbor or acquaintance volunteers to do the shopping or banking then uses their victim’s credit card or banking information for their own benefit. Whatever the form, elder fraud has one intention – financial exploitation.

It’s estimated that older adults collectively lose about $4.8 billion a year to elder fraud. That breaks down to about $34,000 per victim; closer to $83,000 per victim when the perpetrator is someone the victim knows. And those figures are based solely on known cases; many more go unreported. 

Why are the elderly so vulnerable? Isolation and decreased self-confidence due to memory loss and failing health are two reasons that often lead older adults to trust the wrong people.

Look for the Signs

How can you tell if your family member is being victimized? Look for significant, sudden changes in his or her personal or financial life:

  • A change in priorities,
  • A new relationship or greater significance given to an existing relationship,
  • Assisting someone else financially in secret,
  • Charges to, or payments from, their accounts that are larger than normal or for things they wouldn’t generally use,
  • The sudden appearance of a gatekeeper, someone controlling communications between your loved one and other family members.
How to Help

If you suspect elder fraud, act quickly. Report your suspicions to the local adult protection or law enforcement agency or consult an elder law attorney. Every state has laws against elder fraud, but statutes of limitations put timelines on prosecuting these crimes.

Other ways you can protect elder relatives: 

  • If you have suspicions, ask questions; don’t avoid tough topics.
  • Have a family pact stating the person who takes on the responsibility for helping the elderly relative with financial matters is to be accountable to other family members, reducing the opportunity for surreptitious activities. 
  • Most importantly, don’t blame or judge. Remember, your loved one is the victim, not the wrongdoer.
What Our Clients are Saying
★★★★★

I was very proud to be represented by Tony and felt secure at a time I needed a compass to head out of a difficult bind. Confidence in your counsel and a sense of security in understanding how best to proceed are important reasons to consider Anthony Kearns and his team of outstanding lawyers.

- Lynn
★★★★★

Tony was excellent! He was knowledgeable, responsive and on-time. His experience as a County Prosecutor definitely helped our case as he knows how the legal system works and how to navigate. I highly recommend Tony and his office.

- Matt
★★★★★

Thankfully I found Kearns Rotolo Law and I had a wonderful experience working with Charles Rifici on a difficult divorce/child custody issue. I am so grateful for all the work and guidance he provided. He always took his time and diligently went through all my options with me so I could make the decisions that benefitted my family and I. I will be forever thankful for the top notch services he provided.

- Cinthya
★★★★★

In March of 2022 I contacted Kearns Rotolo Law Firm with an urgent problem, Mr. Kearns and Mr. Rotolo contacted me immediately to give me hope as to rectify my problem. The end result was Mr Kearns was able to solve my issue through extreme professionalism, I am very grateful I found Kearns Rotolo Law firm and I would recommend their law firm to anyone that has a less extreme problem or a more complex problem, I am very grateful for their services.

- Bill
★★★★★

The absolute BEST!!! I have a family of attorneys but needed someone local. Victor was recommended to me and words cannot describe how pleased I was with his firm. The outstanding service and attention each member of his staff gave to me surpassed any and all expectations. Victor surrounds himself with a hardworking team that he leads. I felt it was money spent wisely. I will continue to recommend Victor and his associates.

- Stephanie