It’s been happening to thousands of service members and veterans across the country. Scammers contact victims promising to solve the debt problems of those who serve our country, tricking them into paying to have their debts canceled or reduced by their current lenders.
It is being warned as part of a new national warning issued by the Federal Trade Commission (FTC), noting how scammers often behind the scheme have led to a rising number of complaints filed this year that are similar in nature to past claims. One such scheme involves a caller offering to help a service member or veteran enroll in a special “military debt forgiveness” program that in reality is fake.
According to the FTC, military members are increasingly…