Published On: June 20th, 2022|349 words|1.2 min read|
Aaron Kassraie is an associate writer and editor for AARP
In response to the growing number of online fraud reports against the military community, AARP recently launched its Veterans Fraud Center, a new education and resource hub to help protect Veterans, service members and their families.
Just last year, an AARP survey found that one in three active-duty military members and Veterans have lost money to at least one fake service-related offer.
Additionally, the number of fraud attacks against the military community jumped 69 percent compared to the previous year, according to the 2021 Consumer Sentinel Network Data Book published by the Federal Trade Commission (FTC). Of those 110,827 reports of fraud, 26 percent resulted in financial losses, which totaled $267 million. Individual victims within the military community reported losing more money than their civilian counterparts, with a median loss of $600, compared to $500 for civilians.
“Targeting scams at members of the military community is unconscionable,” said Troy Broussard, senior advisor of AARP’s Veterans and Military Families Initiative and U.S. Army Desert Storm Veteran. “The AARP Veterans Fraud Center is designed to alert Veterans and their families about the latest scams and how to avoid them.”
AARP’s free resources
AARP’s Veterans Fraud Center offers free information on the latest scams targeting the military community, tips for spotting other types of consumer fraud, and specially tailored resources to help protect Veterans and military families.