Scams happen every day and no one is off limits. Each year, about 100,000 scam complaints are reported by veterans.
Scams in general are awful but to be targeting veterans is just unthinkable," says Scott Carty, president of DC Captial Management. Still, it happens.
Veterans should be on the lookout for these most common types of scams:
- Pension buyouts
- Rental property
Carty says you should do a little research to find out whether the individual or business you're dealing with is legitimate. Or, another rule of thumb: if it sounds too good to be true, it usually is.
"You want to be careful; you want to be on your guard," adds Carty.
According to USA.gov, scam artists in the U.S. and around the world defraud millions of people each year by tricking victims into sending money or giving out personal information.
“I don’t want our veterans affected by something like this. They served our country and now they’re getting scammed. They protected us and now it’s our turn," says Carty.
If you've been targeted by a scam, get help here from the Better Business Bureau.