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Highlighting Annapolis

Help Combat Veteran's Scams

Posted on 12/16/24

Fraud cost veterans, service members, and their families $477 million in 2023, according to the latest Federal Trade Commission (FTC) data, and this only includes fraud that was reported.

The Scams
With over 85% of veterans having encountered service-related scams in the last 12 months, now is a great time to review some of the most prevalent scams targeting current and former service members:

  • Scammers employ vet-focused twists on impersonation scams, investment fraud, and more.
  • Criminals frequently impersonate the VA, often threatening to cut off benefits if you don’t provide sensitive personal information or pay bogus fees.
  • Scammers may also contact you about investment opportunities, with low fees or special offers just for veterans. They may also claim to be a veteran themselves.

Resources
The White House along with the VA unveiled new fraud prevention resources for veterans. Visit Vsafe.gov online or reach out to the new call center at 833-38V-SAFE (833-388-7233).

Be a fraud fighter! If you can spot a scam, you can stop a scam.

Report scams to local law enforcement. For help from AARP, call 877-908-3360 or visit the AARP Fraud Watch Network at www.aarp.org/fraudwatchnetwork.

This story is provided by AARP Maryland. Visit the AARP Maryland page for more news, events, and programs affecting retirement, health care, and more.

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