According to a recent AARP survey, veterans are twice as likely to fall victim to scammers as the population at large. Some scammers offer veterans the opportunity to refinance VA loans at extremely low rates. Others will pose as government agencies in order to access personal information, or offer lump sum payments up front, in exchange for signing over all their future monthly benefit checks. There have even been instances where scammers will create fake charities that target veterans or pretend to be old friends offering “sure thing” investments.
Protect Yourself and Your Loved Ones From Scams Targeting Veterans
Don't give personal information
Don’t give any personal information over the phone. This includes credit card and bank information and Social Security numbers.
Don't feel pressured
Don’t feel pressured to act immediately. If you are dealing with a legitimate company, they will not pressure you to act before you have a chance to think it over.
Consult a friend
Discuss any financial decision with a trusted family member, friend, or your local veterans affairs office before acting.
Always do your due diligence before you sign any contract. Get references. Check with the Better Business Bureau. Ask questions.
Do your research
Get credible information on how to qualify for veterans’ benefits by contacting your state veterans affairs agency or visiting www.nasdva.us.
Have You Witnessed This Scam?
If you’ve encountered any scams targeting veterans or have been a victim yourself and the U.S. Mail® has been used in any way, we want to help. Please report the crime.Report Now