Beware of Memorial Day Scams

Always be aware of scams and fraud around the holidays. Memorial Day is no exception.flag large 300x149 Beware of Memorial Day Scams

Memorial Day is a time to remember and recognize our soldiers, especially those who have died serving our country.  With many service members and their families in a vulnerable state this holiday weekend, scam artists will take advantage of this moment for their own personal gain.

Among the scams to watch out for:

· Scammers pose as Veterans Administration employees and contact veterans to say they need to update their credit card, bank or other financial records with the VA;

· Businesses charges service members for services they could get for free or less expensively elsewhere, such as military records;

· Fraudulent investment schemes convince veterans to transfer their assets into an irrevocable trust;

· Unscrupulous landlords advertise housing online with military discounts and incentives, and then bilk service personnel out of the security deposit;

· Businesses use scare tactics to sell products, such as security systems, to spouses of deployed military personnel.

During holidays, it is highly important to be cautious. Do your research and when in doubt, do not hesitate to ask questions.

To view the entire article, visit: http://www.bbb.org/us/article/memorial-day-scams-target-military-families-supporters-34357.


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About Monica Bradford

I'm the Marketing and Communications Coordinator for the Council of Better Business Bureaus based out of Arlington, VA. I recently joined CBBB to pursue my career in Communications. In my spare time, I enjoy interior decorating, entertaining, and traveling.