Following a two-day bench trial, Jules Olsman and Lauren Walson of Olsman Mackenzie Peacock & Wallace, P.C., secured a verdict of $1,606,500.00 in a case involving the financial fraud of an incapacitated, elderly gentleman. Between 2016 and 2019, while employed as our client’s housekeeper, Nevzer Alimi converted our client’s funds for her own personal benefit to the tune of $676,500.00.
Alimi took advantage of our client, a vulnerable adult with dementia who was newly widowed at the time of Alimi’s hire. Through flattery and undue influence, Alimi persuaded our client to quit his volunteer work to isolate him from society, engaged in an inappropriate sexual relationship with him, and encouraged him to finance a remodel of Alimi’s home and to make frequent, large cash withdrawals from his bank.
The court awarded our client $1,606,500.00 pursuant to a Michigan law that allows individuals damaged as a result of fraud or conversion to recover three times the amount of actual damages sustained.
Sadly, cases involving financial fraud of our nation’s elderly are on the rise. Approximately 3.5 million older adults are victims of financial exploitation each year.
Our firm remains committed to protecting the interests of the elderly and vulnerable adults. If you suspect that a loved one is being taken advantage of by a financial scammer, please call our office for a free consultation.