Financial scammers often target Veterans, especially those who may be isolated, physically or mentally disabled, unfamiliar with handling their finances, or have recently lost a spouse. They may try to exploit you or your family to steal money, property, or personal information.
Pension Poaching is a financial scam targeting Veterans and their families who are potentially eligible for VA benefits.
Do you know how much money fraudsters have stolen from Veterans? Now more than ever, it's imperative to be educated on the ways a scam artist can target you.
In response to the growing number of online fraud reports [...]
These tips for spotting and avoiding VA home loan scams come from the Consumer Financial Protection Bureau. Many service members, Veterans and military spouses have been receiving fraudulent calls and mailers from companies who claim to be affiliated with the government, VA, or their home loan servicer.
A few bad people are seeking to take advantage of Veterans and VA during this challenging time through scams and other illegal or unethical activities, including fraud, waste and abuse.
Military Veterans and retirees reported $66 million in fraud losses in 2020, according to Federal Trade Commission (FTC) data. Fraud is the second-most-costly white-collar crime in America. These crimes add up to billions of dollars in fraudulent insurance claims every year. Even if you haven’t suffered a direct loss, you are still a victim of insurance fraud.
Now more than ever, your financial wellness and security are [...]
Don't fall victim to scammers. That FTC says that impostor fraud is on the rise. Here are the AARP's tips and tricks to fight fraud in 2021.
The Veterans Benefits Banking Program (VBBP) has made it easier and safer than ever before to receive your benefits electronically and protect yourself from fraud. Since the program launched in December 2019, VBBP has helped ensure nearly 25,000 Veterans and beneficiaries are no longer at risk for financial fraud tied to pre-paid debit cards and paper checks.
Investment fraud comes in many shapes and sizes and unfortunately these fraudsters sometimes target Veterans. The director of the Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy, Lori Schock, talked about these topics in a special extended edition of VA News. In the interview, Schock discussed important first steps that Veterans should take to build wealth over time, ways Veterans can minimize the risk of investing and details signs to look for in case an investment is really a scam.
Operation Donate with Honor, a federal-state education and enforcement initiative to combat fraudulent and deceptive charitable solicitations claiming to help Veterans and military was launched today by the Federal Trade Commission.












