Thank you for your question. I look forward to working with you to provide you the information you are seeking.
The information you are finding is correct about these companies. There are numerous complaints about all of these companies. The first step you need to take with this is file a complaint with the Adult Protection Service in your state for financial abuse of the elderly by these companies. In most states they will step in and will pursue those who are involved in the scam.
Unfortunately, if they cannot resolve the issue with the companies and pursue them and bring them to trial for fraud and financial abuse of the elderly, you are going to need to engage a consumer protection law attorney to file suit against the companies for fraud and financial abuse and for their unfair and deceptive business practices.
You also need to try to step in to stop your parents from dumping more money in and this is a bit more difficult if they will not listen to you and stop on your own. In order to stop them if they will not stop on their own, I am afraid you will have to file a petition in court to seek financial guardianship over your parents and get them declared to be incapable of managing their own finances and have the court issue an order putting you in charge of their financial affairs so you can stop them from sending more money to these scam companies.
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