Charleston Chapter – MOAA Charleston Chapter – MOAA
Charleston Chapter – MOAA Charleston Chapter – MOAA
Charleston Chapter – MOAA


Recent News:
(Published in last 30 days)


Charleston Chapter – MOAA
Date Posted:01/15/19
This Story Expires on: 02/28/19
CBO Suggests Raising Tricare Fees, Cutting Veteran Benefits to Slash Deficit

Date Posted:01/14/19
This Story Expires on: 02/28/19
Food Stamp Programs to Remain Available Through February for Troops, Vets

Date Posted:01/10/19
This Story Expires on: 02/28/19
USAA to Pay $12M to Members After Failing to Stop Unauthorized Electronic Payments

Date Posted:01/10/19
This Story Expires on: 02/28/19
Disabled Veterans Can Now Fly Space A

Date Posted:01/07/19
This Story Expires on: 02/28/19
Tricare Survey: Advocacy Group Wants Your Help

Date Posted:01/07/19
This Story Expires on: 02/28/19
Veterans Can Make Purchases at Exchange

Date Posted:01/03/19
This Story Expires on: 01/19/19
How is Tricare treating you? Here’s your chance to be heard

Date Posted:01/03/19
This Story Expires on: 02/28/19
New in 2019: VA’s health care rules will be completely rewritten this year

Date Posted:01/03/19
This Story Expires on: 02/28/19
These are the GI Bill transfer changes you’ll need to know about in 2019

Date Posted:01/01/19
This Story Expires on: 02/28/19
5 Things Spouses Should Do in the New Year

Date Posted:12/31/18
This Story Expires on: 02/28/19
Vets interested in STEM degrees could get more GI Bill money in 2019

Date Posted:12/28/18
This Story Expires on: 03/31/19
How to Get Free Supplies to Ship Care Packages

Date Posted:12/28/18
This Story Expires on: 02/28/19
Tricare to Stop Covering Some Vitamin Supplements

Date Posted:12/24/18
This Story Expires on: 02/28/19
Tricare Deductibles, Caps Reset Jan. 1

Date Posted:12/24/18
This Story Expires on: 02/28/19
Tricare Expands Ambulance Service Coverage

Date Posted:12/22/18
This Story Expires on: 02/28/19
South Carolina State Veteran Benefits

Date Posted:12/17/18
This Story Expires on: 03/31/19
Major Veterans Legislation Winding Through Congress

Date Posted:12/13/18
This Story Expires on: 01/31/19
National Guard Birthday

Date Posted:12/13/18
This Story Expires on: 03/31/19
5 Things Vets Should Never Do at Job Interviews

Date Posted:12/13/18
This Story Expires on: 02/28/19
How to Find Cheap Military Flights and Baggage Discounts

Date Posted:12/13/18
This Story Expires on: 02/28/19
As VA works to implement appeals reform, GI Bill problems cast doubts

Date Posted:12/12/18
This Story Expires on: 02/28/19
W 2s for Military, Retirees, and Civilian Employees Available Soon

Date Posted:12/11/18
This Story Expires on: 04/30/19
Free and Discounted Tax Preparation for Military

Date Posted:12/10/18
This Story Expires on: 03/31/19
VA Makes It Easier to Share Your Health Information with Private Doctors

Date Posted:12/10/18
This Story Expires on: 02/28/19
Many Tricare Users to See 2019 Enrollment, Fee Increases

Date Posted:12/10/18
This Story Expires on: 02/28/19
Memorials

Date Posted:12/10/18
This Story Expires on: 03/31/19
Marine Corps General James Conway and Master Sergeant Blaine Scott. (Photo: Ho Lin, Military.com)

Date Posted:11/21/18
This Story Expires on: 02/28/19
Everything You Need to Know About Tricare Open Season

Date Posted:11/21/18
This Story Expires on: 04/30/19
Transitioning to Civilian Life: Navigating the Financial ShiftNo matter why you're leaving the military, a big part of preparing for your civilian lif

Date Posted:11/20/18
This Story Expires on: 01/31/19
New research could lead to disability benefits for Vietnam veterans with high blood pressure

Date Posted:11/15/18
This Story Expires on: 01/31/19
New bill would ease GI Bill transfer rules for vets, military families, like never before

Date Posted:05/05/18
This Story Expires on: 09/30/19
Take the VA's New RAMP to a Faster Appeal Decision

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Scam Alert: Top Five Veteran Swindles

Aside from elderly fraud, scams targeting veterans really burns my bacon. Men and women who have proudly served our country are constant targets for scam artists.

Swindlers target vets because they know they are drawing guaranteed benefits. While veteran payments are paid over a lifetime, they often aren’t enough to pay all of the bills. Financial predators know this.

According the the AARP Fraud Watch Network, there are a host of scams aimed at vets. Many of these operations masquerade as charities that claim to benefit vets. Here are the major scams:

Bogus sales – “A scammer claiming to be a deploying service member posts a large ticket item on a classified ad website that he needs to sell right away and at a steep discount. The scammer asks for upfront payment with a wire transfer or gift cards.

Real estate rip-off – A scammer posts a fake rental property on a classified ad website offering military discounts. You just need to wire transfer a security deposit to the landlord.

VA phishing – A caller claiming to be from the Department of Veterans Affairs calls to “update” your information.

Fake charities – Fake charities use names that are close to the names of legitimate charities, often referencing Armed Forces, veterans, or military families.

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Benefits “buyout” – Scammers will target veterans in need of money by offering cash in exchange for their future disability or pension payments. These buyouts are typically a fraction of the value of the benefit.

Dubious investment advice – An “adviser” will tell the veteran she is missing out on benefits, and wants to review her investment portfolio. He’ll then want to put the veteran’s investments in a trust, to appear to have fewer assets and to therefore be eligible for an additional pension.”

Note: The “benefits buyout” scam also goes by the name of “pension advances.” A company will offer to “buy” monthly pension payments in exchange for a lump-sum payment. It’s actually an unregulated, high-interest loan.

I’ve written about pension advances several times. Don’t even go near them.

The best way to protect yourself against vet scams? Avoid all mail, email and phone solicitations. If the solicitor claims to be from a charity, check them out on give.org.

The Fraud Watch network also gives the following advice:

“Be suspicious anytime you are asked to pay by wire transfer or gift cards. Know that the VA will never call, text or e-mail you to update your information. Make donations directly to the veterans’ organizations you know. And only work with VA-accredited representatives when dealing with VA benefits; you can search for them online at the VA Office of General Counsel website.

 

 By John F. Wasik



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Charleston Chapter – MOAA
Charleston Chapter – MOAA

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