Consumer Frauds & the Military
By Molly C. HerndonMilitary Service Members are commonly victims of scams. Deployment, moves, and the inexperience of young Service Members make this group especially vulnerable to unscrupulous business and individuals.Photo by NoveltyCREW (licensed by Creative Commons)By becoming aware of common scams, Service Members can be better prepared for these practices. The Military Consumer website houses a great deal of resources for military families and Service Members. This site is also the place to submit a consumer complaint about a business.The Consumer Financial Protection Bureau also has many resources for Service Members to use to avoid becoming a victim of a scam. This site offers details on VA Benefits scams and information about how the Servicemembers Civil Relief Act grants Service Members additional protection against scams.On March 20 at 11 a.m. ET, the Military Families Learning Network will present a Personal Finance webinar on Common Consumer Frauds & How to Avoid Them. Dr. Barbara O’Neill will present this 90-minute session worth 1.5 CEUs for AFC-credential participants. Review resources on this topic and join the session here.This post was published on the Military Families Learning Network blog on March 10, 2014.