Antioch, CA asked in Consumer Law, Federal Crimes, Elder Law and Stockbroker Fraud for California

Q: I just found out my mother in laws ira and stocks were stolen by her fin adviser,is there any recourse I can take?

she is deceased now but theystole over 200,000, from her and vanished,and I just discovered this,going through her papers.

1 Lawyer Answer
William John Light
William John Light
Answered
  • Elder Law Lawyer
  • Riverside, CA
  • Licensed in California

A: 1. Call the police/DA's office. 2. The mother-in law's heirs may be able to pursue a financial Elder Abuse claim against the financial advisor and his employer. 3. Depending on the type of financial adviser, there may be state/federal licensing agencies to whom a complaint can be made. Some of these may have a fund to compensate victims of theft.

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