Consumer Watch: How to avoid scams targeting Veterans

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by Andy Treinen

WHAS11.com

Posted on May 23, 2012 at 4:36 PM

Updated Wednesday, May 23 at 4:43 PM

LOUISVILLE, Ky. (WHAS11) -- Memorial Day weekend is a time to honor those who serve and to remember those who have died in war. Sadly it has also become a key opportunity for scammers to target veterans.
 
Some organizations are claiming to be the veteran’s administration, and others are claiming to be raising funds on their behalf of military organizations.

The group claiming to be the veteran’s administration is contacting vets saying they need to update credit card, bank or financial information.

Remember the real veteran’s administration already has that information.

Other scams include fraudulent investment schemes, "instant approval" on military loans and on-line housing with military discounts. Be wary folks, a little dose of skepticism can save you a lot of money.

If you have questions about a certain organization you can get them answered at www.give.org. Every group that meets BBB charity standards is listed.

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