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New scam targets veterans' pensions, disability

By Associated Press
Published On: Dec 30 2013 11:04:14 AM MST
veterans
GREAT FALLS, Mont. -

A state official says a new scam is targeting veterans' pensions and disability compensation.
    
Joe Foster of the Montana Veterans Affairs Department says the scammers seek veterans who want a sum of cash quickly instead of waiting for their monthly payments.
    
He says that those veterans are talked into legally signing over their pay for a sum usually far less than what they would accrue over their lifetime.
    
Foster says he has taken a few calls about the scam, and they advertise as "do you want money now."
    
He says disability compensation can't be legally transferred, but the money changes hands so many times that it is hard to track.