Southern California Insurance Agent Charged with Financial Abuse
Elder abuse comes in many forms, from physical violence to financial fraud. A recent article in Consumer Affairs reported that a licensed insurance agent in Southern California was recently arrested fo elder financial abuse. The insurance agent, John Paul Slawinski, 59, was charged with “five felony counts of financial elder abuse and five counts of burglary.” What did he do? Specifically, the charges allege that he “ripped off five senior citizens for more than $2 million through the sale and surrender of investment annuity products.”

Earlier in the summer, the California Department of Insurance received complaints about Slawinski and decided to launch an investigation. The complaints claimed that Slawinski had convinced five different senior citizens to give up annuities and investments, promising that he could get them higher returns on their money. Yet Slawinksi never purchased additional annuities or investment products with the seniors’ money, and he never gave back the funds, either. In other words, he “conned the victims into giving him money to invest for them.”
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