by Lynnley Browning Read the article on FinancialPlanning.com A wealthy Florida grandmother has intensified her legal battle to force two former brokers at J.P. Morgan Securities — her grandsons — to pay her at least $10 million as ordered by regulators for unauthorized trading in her accounts. The grandsons, who are brothers, handled Beverley Schottenstein’s […]
by Jake Martin – Read the article on AdvisorHub.com The dispute between retail matriarch Beverley Schottenstein and her grandsons, former J.P. Morgan Securities brokers Evan and Avi Schottenstein, last week entered a new chapter that revived the threat of higher liabilities for the two brothers fighting with their grandmother. Judge Beth Bloom, who has presided […]
The inside story of Columbus’ most extraordinary family and the challenges facing its next generation. Dave Ghose – Read on ColumbusMonthly.com The photo helped break the ice. Cathy Schottenstein noticed it right away when she entered the beachfront condo in Surfside, Florida. On a wall near her second cousin David Schottenstein’s kitchen, she saw a […]
Granddaughter of Schottenstein retail dynasty matriarch Beverley Schottenstein Cathy Schottenstein’s NANNY’S WAR, the inside story–optioned for development by HBO Max–of the Schottenstein family and how two of Beverley’s own grandsons, Evan and Avi Schottenstein, along with their former employer J.P. Morgan Securities, abused Beverley for years and misappropriated $100 million of her money, to Leah […]
By Tom Schoenberg November 18, 2021, 8:00 AM EST Read on Bloomberg News A 95-year-old Florida woman who won an arbitration fight against her banker grandsons is now battling them in court — seeking to collect the award, and also to preserve her ability to speak freely about her experience. Beverley Schottenstein prevailed earlier this […]
How the Legal System Allowed a Criminal Family to Seize Control of One Woman’s Life The New Yorker recently published a comprehensive article entitled “Britney Spears’s Conservatorship Nightmare” chronicling how the pop star’s father and a team of lawyers seized control of her life, her career, and her finances—and held onto that control for well […]
Elder Financial Abuse by Family Members: Schottenstein Family Story Listen to the entire podcast here. (#8 in podcast list.)
“The true measure of any society can be found in how it treats its most vulnerable members.” Mahatma Gandhi made that statement in the early 1900s, right at the start of the 20th Century. Who are those most vulnerable members? Certainly, they include children, the mentally and physically disabled, and our aged population. Today, 21 years […]
Video courtesy of Bloomberg News
by Richard Eisenberg – May 28, 2021 Read the article on forbes.com ‘Friends Talk Money’ podcast hosts share cautionary advice based on the Beverley Schottenstein story. The Beverley Schottenstein $80 million elder financial fraud story is one you won’t believe. But, as my “Friends Talk Money” podcast co-hosts and I explained in our two latest […]