A National Securities Arbitration & Investment Fraud Law Firm
In Oregon, there is an Elderly Persons and Persons with Disabilities Abuse Prevention Act. In it, financial exploitation has four different definitions:
Section 124.060 makes it mandatory for public and private officials to make a report if they believe someone age 65 or older has suffered abuse or exploitation. This report needs to be made to the Department of Human Services or a local law enforcement agency and should contain information on the alleged victim and perpetrator and the extent of the exploitation.
When someone makes a report in good faith, they will receive immunity from any civil or criminal liability, as per section 124.075. If someone fails to make a report, this is a class A violation
Financial Abuse ActionsUnder section 124.110, the action may be brought when:
If financial abuse is proven, the court may issue appropriate orders, as per section 124.120. These could include temporary or permanent injunctions, restraining orders, the creation of receiverships, or the appointment of receivers. In addition, an individual may be ordered to stop having any contact – direct or indirect – with someone.
Financial Fraud Victims in Oregon may be Able to Reclaim MoneyIf you suspect you have lost money due to fraud, it is important to take action. To learn about your legal rights and options, you should talk to an experienced elder financial fraud lawyer. The Silver Law Group is a contingency-based firm, which means we don’t get paid unless you do. For a free consultation, call us at 800-975-4345 or send us a message through our online contact form.