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RHOC star Vicki Gunvalson DENIES financial elder abuse accusations against her and business partner... after lawsuit from 74-year-old woman
Real Housewives of Orange County star Vicki Gunvalson has denied claims of financial elder abuse from a one-time client of her Coto Insurance & Financial Services firm.
She said that she had been advised in 2016 to place her money in an Allianz 222 annuity, an insurance company's contract that minimizes the taxes a person pays while establishing a consistent source of monetary income, the outlet reported citing legal documents. Field told the court that amid 'the despair [she] was suffering from as [her husband's] health was spiraling,' she inked a pact with Gunvalson in December of 2019 'in reliance on ... fraudulent sales tactics' the reality star practiced. Field told the court that she thought that the deals would have tied 'up large sums of money for a long time that she may never be able to use, for maybe longer than she will live or will be too old to enjoy,' but her questions to Gunvalson and Hashemian went 'unanswered.'
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