Posts Tagged ‘financial elder abuse’

Former accountant says Bettencourt was manipulated

September 3rd, 2010

Bettencourt former accountant ‘helped daughter in fight for fortune’
Henry Samuel in Paris
September 3, 2010
Telegraph.co.uk
http://www.telegraph.co.uk/news/worldnews/europe/france/7980066/Bettencourt-former-accountant-helped-daughter-in-fight-for-fortune.html
Claire Thibout, an accountant for Liliane Bettencourt for 10 years, received a letter from Françoise Bettencourt-Meyers dated 11 July 2007 promising to “help” her should she be fired for speaking out about her mother’s allegedly rapacious and manipulative entourage – in particular [...]

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Stream of probate-oriented news stories continues

September 1st, 2010

Regarding the legal industry and its “never waste a good crisis” mentality, James R. Copland from the Manhattan Institute has a good column out today entitled Litigating over the environment makes big bucks for trial lawyers.
The story of a California bank teller who stole money from two accounts poses a thought-provoking question for those in [...]

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CA bank teller uses position to loot customers’ money

September 1st, 2010

Bank teller guilty of withdrawing customers’ money
Daily Journal Staff Report
August 27, 2010
The Daily Journal (San Mateo County, CA)
http://www.smdailyjournal.com/article_preview.php?id=139631&title=Bank%20teller%20guilty%20of%20withdrawing%20customers’%20money
A former Redwood City bank teller prosecutors say stole $33,000 from the account of a teenage girl whose deceased mother left her the money and $40,000 from her own elder aunt faces a year in jail for grand [...]

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Estate looting/probate abuse finds an active news cycle

August 31st, 2010

The estate looting world certainly seems active these days.  Guess uncertainty during these turbulent economic times enhances the certainty for others that asset looting is a viable, though purely evil, means by which to acquire wealth.
Let’s look at a few of our new stories.  Here in Texas, a father has filed a civil suit against [...]

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Clark’s ‘next of kin’ found to not exist

August 31st, 2010

Heiress’ phantom ‘family’
Fake names for copper queen and next of kin
Jeane MacIntosh/Ada Calhoun/Dan Mangan
August 31, 2010
New York Post
http://www.nypost.com/p/news/local/heiress_phantom_family_krql9Vsdz7fNswgUsdp47L
Her “kin-folk” are ghosts.
The 104-year-old copper heiress whose lawyer and accountant are under investigation for allegedly mishandling her vast wealth lives under an assumed name in a Manhattan hospital — while the “next of kin” listed for her [...]

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