Our military personnel and veterans are often targets of all kinds of scams. Bad actors target them because of their frequent moves and transitions. They also understand that their service profiles contain valuable information that can serve as assets.
H.R. 1663, also known as the VSAFE Act, enables the military to provide specific resources to active-duty service members, veterans, and spouses. One estimate says veterans lost $177 million to job scams in 2021. And around that same time, McAfee reported a massive spike in job scam activity over just a couple of months.
Here are some highlights from the show:
* New legislation to help veterans, active service members, and military spouses combat scams
* Creates dedicated fraud response roles within the VA
* Establishes faster alert systems and consistent scam reporting procedures.
* Resources available at vsafe.gov and the VA fraud hotline.
* Veterans lost $177 million to job scams in 2021 (numbers have increased since).
* Military families face unique vulnerabilities: frequent relocations, desire for remote work, and constant transitions
* Scammers exploit trust by using phrases like “veteran-owned” or “veteran-friendly.”
* Remote work opportunities are especially appealing to military spouses who move frequently.
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