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Rampant attempts to defraud troops warrants crack down, advocates say
By Karen Jowers ·
Military Times - Veterans
· Tuesday, January 27, 2026
· 1 min read
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Attempts to defraud service members, veterans and their families are so rampant that advocates are pushing for an entirely new approach to cracking down on predators and root causes, according to a...
Attempts to defraud service members, veterans and their families are so rampant that advocates are pushing for an entirely new approach to cracking down on predators and root causes, according to a...
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Our analysis The push for a new approach to cracking down on fraud targeting service members, veterans, and their families highlights the need for robust enforcement and protection measures. The sheer number of consumer fraud complaints from troops and their families, with losses totaling nearly $600 million, underscores the urgency of the issue. The fact that the Consumer Financial Protection Bureau and the Federal Trade Commission have not brought any enforcement actions related to violations of the Military Lending Act or abuses in the Veterans Affairs mortgage program or G.I. Bill in the past year is particularly concerning. To effectively combat fraud, it is crucial that federal agencies, such as the CFPB and FTC, are fully funded and staffed to proactively identify and address scams. Additionally, granting state attorneys general more enforcement authority and allowing private citizens to pursue legal action could provide an added layer of protection for vulnerable populations.
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