Lenders are concerned about the evolving financial landscape in the sector, but the overall outlook continues to remain positive.
Senior living community developer stole $9.6 million from investors, SEC says
By
Lois A. Bowers
Jan 03, 2017
A California-based developer of senior living communities stole at least $9.6 million from foreign investors to finance his businesses illegally and pay for his “luxury lifestyle,” the Securities...
61 indictments allege scams against 15,000 seniors and others
By
Lois A. Bowers
Oct 27, 2016
Fifty-six individuals and five call centers have been charged for allegedly scamming more than 15,000 seniors and others in the United States out of hundreds of millions of dollars, the Justice Department...