Yesterday I warned you about chimney sweep scams and today Veterans Day is the hook.
With the holiday coming up this week, the Better Business Bureau is warning about scams targeting those who have served. Elders, in particular, are at risk, the BBB says.
“It is unconscionable that one of the most dedicated and selfless segments of our population would be targeted by unscrupulous businesses, but they are,” Brenda Linnington, director of BBB Military Line, said in a statement.
Among the scams flagged by the BBB:
- Someone claiming to be from the Veterans Administration and requesting financial information
- Loans that make promises of no credit checks or "all ranks approved" that come with high interest rates and hidden charges
- Offers of housing with a discount to try to scam the veteran or military member out of the security deposit
- Telephone solicitations that claim to be on behalf of service members and their families
Be leery of anyone who asks for your personal or financial information and only make donations to known charitable organizations through a number you find rather than one given over the phone.
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About the author
Mitch Lipka is one of America's leading consumer journalists and advocates. He is an expert in product safety, recalls, scams, and helping consumers get out of jams. He is a nationally known consumer columnist and runs TheConsumerChronicle.com. He lives in Worcester. You can find him on Facebook or reach him at ConsumerNews@Aol.com