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Bank Annuity Sales Fraud Lawyers

The Law Offices of Nadrich & Cohen, LLP has recovered over $75 million on behalf of our seriously injured and defrauded clients. Our law firm has the necessary skills to represent your bank annuity sales fraud matter, and we have represented investors who have been the victims of financial fraud and scams. We are an aggressive law firm with lawyers who are passionate about protecting your rights. The Law Offices of Nadrich & Cohen, LLP has a Corporate Office located in Los Angeles, and offices located in San Bernardino, Riverside and the San Francisco Bay area for your convenience.

Innocent people become victims of bank annuity sales fraud and scams in the United States on a regular basis. In fact, senior citizens are typically targeted by scammers in bank annuity sales fraud schemes. Investors are taken advantage of by unethical sales agents, investment agents, and bank employees who are trying to profit off of innocent people. The effects of bank annuity sales fraud can be devastating and cause financial ruin. Unsuspecting bank annuity sales fraud victims may be forced to live without the security of a stable financial future.

One common annuity fraud scheme is when an investment agent devises an intricate scam to defraud unsuspecting people by convincing them that their investments are not safe or advantageous. The agent then tries to convince them to put their money into the investments that they suggest, therefore profiting by defrauding innocent investors. Many elderly investors have been fraudulently persuaded to invest in long term financial plans, often not in the investor's best interest.

It is very important to periodically check your investment portfolio and make sure that your finances are in order and that you do not find anything suspicious. The following are signs of possible bank annuity sales fraud:

• Your investments have lost a large sum of money.
• Your mutual funds have gone down. " Your retirement funds have decreased.
• Your investment agent is secretive about the location of your funds and/or is withholding financial information.
• Your investment agent assured you that you would gain a large amount of money without any risk.

Investment agents and companies that have committed investment fraud should be held liable for their illegal activities at the cost of innocent investors. An example of this is when AmSouth Bank was fined over $200,000 for the improper handling of variable annuities in 2004.

Our bank annuity sales fraud lawyers have the legal knowledge and resources to expertly represent your bank annuity sales fraud case. If you have been the victim of bank annuity sales fraud, contact the Law Offices of Nadrich & Cohen, LLP today.

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