Nursing Home Abuse - Financial Exploitation

The financial exploitation of elderly Americans - particularly seniors who have dementia or Alzheimer's disease - is not only morally reprehensible - it's also a crime that can result in significant penalties, including major fines and jail time. The Chicago elder care attorneys of Steven J. Malman & Associates, PC, have dealt with numerous cases of elderly financial exploitation, and we have a deep knowledge of the law and resources claimants need to seek justice effectively.

In what ways can elderly patients suffer financial exploitation? Here are some classic examples:

  • An unauthorized caregiver or relative changes terms of a will or changes terms on bank accounts, credit cards, and other instruments.
  • A senior complains about "money gone missing" or about being financially manipulated by a caregiver or fiduciary representative.
  • Sudden and mysterious financial transactions appear on a seniors' bank accounts or chequebook statements.
  • A senior lives in a mediocre care facility when he or she could easily afford to be in a much nicer, safer, an engaging environment.
  • A senior has been asked to trade in property, assets, jewelry, or other real goods in exchange for dubious compensation.
  • A senior has been asked/urged to sign financial documents that he or she doesn't understand.
  • A caregiver shields the senior from other members of the family and or makes statements that imply that financial misappropriation or exploitation might be going on.

Of course, caregivers or others close to the senior aren't the only people capable of committing exploitative acts. Common thieves and criminals also take advantage of the elderly by conning seniors with Ponzi schemes, bogus investment opportunities, real estate scams, and the like.

While all of these scenarios can be heart breaking, it's particularly egregious when nursing home staffers or other caregivers take advantage of the compromised position of a senior. Legal actions can be taken against nursing home staff who steal jewelry or cash; who steal/sell personal information; and who break into accounts. It may be possible to recover significant damages.

To respond effectively, you likely need the help of a knowledgeable, dedicated, and experienced Illinois elder care attorney. We at Steven J. Malman & Associates have fought for victims of injuries, abuse, and financial exploitation for more than 15 years, and we can provide a free, no obligation consultation about your nursing home related financial exploitation problem today. Call us at any time at 1-800-625-6265, or email info@malmanlaw.com. At www.MalmanLaw.com, you can read about our verdicts and settlements and learn more about our zero fee guarantee. In addition, you can peruse many free original articles and videos about how to respond to nursing home abuse and neglect.

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SETTELMENTS
  • $1,225,000 settlement for a speedway patron who got hit by a baseball-sized rock kicked up by a race car. The rock hit her so hard, she needed an emergency tracheostomy and brain surgery.

  • $6,000,000 settlement for our client, a 4 month old baby whose doctors had failed to diagnose a brain infection that left her with permanent brain damage and cerebral palsy.

  • $11,800,000.00 in a product liability settlement for a father of five who tragically died when his tire treads failed, causing his vehicle to roll over.

  • We obtained a $5 million settlement for a woman whose son died when his physician failed to diagnose a tumor.

  • A woman recovered $2.25 million in a medical malpractice case, in which the woman's obstetrician/gynecologist failed to spot her cancer on a pap smear, causing our client to have to undergo multiple, surgeries.

  • A $2 million verdict was obtained for a woman whose Ob/Gyn failed to refer her to a gynecologist to treat what turned out to be a malignant uterine sarcoma.

  • We obtained a $1.7 million settlement in a nursing home neglect case in which a 72 year-old man suffered radiator burns so severe that he had to have his legs amputated.

  • We obtained a $1.4 million award in a slip and fall case involving a 13 year-old boy who developed severe hip trouble after falling down the stairs of his high-rise.

  • A $1.25 million settlement in favor of our client, an 18 year-old boy who lost most of his vision after being assaulted by a security guard.

  • We obtained a $1.15 million settlement for our client, a little girl who suffered severed burns as a direct result of fire code ordinance violations.

  • A union painter whose legs got crushed by a forklift recovered $1 million in damages.

  • A $1 million settlement in favor of our client, a hemophiliac, who suffered severe soft tissue damage in a car accident.

  • A union steel worker who injured his back moving a 300 pound steel beam in the rain recovered $1 million for his construction site work injury.

  • We obtained a $900,000 settlement in the case of a beaten prison inmate who died after being given the wrong medication at the hospital.

  • We obtained a $600,000 settlement for a man who suffered a below the knee amputation after his friend accidentally shot him with a hunting rifle at a restaurant.

  • A 54 year-old woman recovered $600,000 in a product liability settlement after her oven mitt exploded and severely burned her breasts.

  • A woman who had lost her baby to fetal distress while in the hospital was awarded $500,000 for medical malpractice.

  • An 81 year-old bedridden stroke victim recovered $390,000 after he developed what would turn out to be fatal pressure ulcers stemming from negligent nursing care.

  • A nursing home resident won a settlement of $300,000 stemming from a hip fracture accident. His nursing staff had failed to take proper fall-risk precautions.

  • We obtained a settlement of $250,000 for the estate of a 21 year-old man who, after sustaining life-threatening injuries in an automobile accident, subsequently died in the hospital due to the staff's failure to insert a chest tube.

  • We obtained a settlement of $175,000 for the estate of a woman whose negligent nursing home care resulted in bed sore ulcers that led to an infection that ultimately caused her death.

  • We obtained a $150,000 settlement for a 69 year-old stroke victim who had to have an above the knee amputation due to nursing home neglect.

  • A $150,000 verdict was recovered for the estate of a 79 year-old man, who suffered bed sores stemming from nursing home neglect that ultimately contributed to his death.

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Chicago, Illinois 60606

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