Veterans' benefits, including their pensions, are being targeted in a new scam. As part of the scam, criminals pose as attorneys or financial advisers and extend an offer to assist the veteran with their pension. The scam involves convincing veterans to transfer their assets into a special trust account, then charging them exorbitant fees to help complete lengthy, complicated paperwork associated with the transfer. The veteran is told the asset reallocation will allow the person to qualify for aid and attendance benefits. But, this is not true. If you are approached by scammers, contact your local police or sheriff's department.
For more on veteran benefits, visit the Military.com Benefits Center.
