Newest Credit Card Scam Targeted at Veterans
We all must be aware and diligent when it comes to protecting our credit, as credit card scammers seem to be keeping up with the best efforts of industry fraud experts.
It is important to note that no one – and I mean no one – is safe when it comes to credit card scammers.
Case in point: the Department of Veteran Affairs recently sent out a warning to all veterans, as the latest credit card scam appears to be targeting this group.
The scam against veterans works when a scammer calls a veteran, posing to be a VA worker. The scammer then proceeds to ask for the veteran’s credit card information so that he/she can update the veteran’s prescription information. The scammer often informs the veteran that the VA has changed the process of dispensing prescriptions, so they need a credit card to do so.
Veterans need to understand that the VA will NEVER ask them to disclose their personal or financial information over the phone.
Although this scam is not new, the Department of Veteran Affairs has noticed a sharp increase in this type of scam as of late. And credit card scams are just one of countless scams targeted at veterans at any give time. Other scams targeting both active military and veterans include life insurance scams, payday loan scams, car title scams, repair scams and loads of fraudulent discounts.
How to Protect yourself from Credit Card Scammers:
- Never reveal personal or financial information to ANYONE unless you have initiated the call.
- If you are ever suspicious of a call, simply hang up and contact the company directly to address the validity of the call.
- Never open or respond to unsolicited emails, even if they claim to be from a trusted source. Banks, credit card companies and the VA will never ask for your personal information via email.
- Only do business with trusted sources.
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