LVMAC Tidbit — Poaching Veterans’ Pensions

Veterans Are Being Preyed Upon Again

David M. Dubois, Deputy Director of the Office of Servicemember Affairs in the Consumer Financial Protection Bureau of the Federal Trade Commission,  has put out this alert to various veterans groups: “Veterans and their families are a target for some dishonest advisers who are claiming to offer free help with paperwork for pension claims.”

“The scheme involves attorneys, financial planners, and insurance agents trying to get veterans to make decisions about their pensions, without giving them the whole truth,” according to Dubois. (more…)