Extracted from BBC News;

The ringleaders of a gang that conned elderly victims out of hundreds of thousands of pounds have been jailed. The Nottinghamshire-based group persuaded people to put their homes into a “worthless trust” to protect them from future care costs. The gang, based in Newark, used scare stories to pressure pensioners into paying £2,000 for a “Family Prosperity Trust” or “Estate Preservation Trust”. Victims were told their assets would be protected if they later went into local authority care, but this was not the case, Nottinghamshire Trading Standards told the city’s crown court. One of the gang’s dozens of victims described the men as “relentless and convincing”. Speaking after the sentencing, she said the stress contributed to her husband’s death last year. “The money [we lost] is bad, but it’s nothing to what it does to you,” she said. “You’re violated and don’t trust anybody.” In sentencing the trio, Judge Andrew Hamilton said: “It was a despicable act, preying on the most vulnerable members of the community. People like you… who prey on people like that… are people of the worst kind.”

I couldn’t agree more! Sadly, this kind of story is quite familiar to solicitors dealing with elderly clients. If you are worried about care home fees and providing for your children then talk to us first. For further information on care home fees contact one of our offices in Boston, Lincoln, Grantham, Sleaford, Spalding & Newark, or call David on 01529 301300.

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