Memorial Day can bring scams that target veterans - WKOW 27: Madison, WI Breaking News, Weather and Sports

Memorial Day can bring scams that target veterans

Posted: Updated:
MADISON (AP) -- With Memorial Day coming up, the Wisconsin Better Business Bureau is warning about scams that are aimed at veterans, especially elderly service members.

For example, veterans might receive ads for military loans that offer guaranteed cash, instant approval or no credit check. Legitimate lenders don't make such offers.

Veterans might also receive offers to buy out their benefits plans. Some offers could be legitimate, but others might only offer 30 percent to 40 percent of the actual value. The bureau advises veterans to research thoroughly before signing anything over.

Other scams offer special discounts to veterans on products like cars or life insurance, but those who respond get pushed toward fraudulent deals or are targeted with high-pressure sales tactics.

The bureau offers tips and warnings on its website at http://www.bbb.org/wisconsin .

Most Viewed Content

Stories
Videos
loading...
  • 27 News HeadlinesMore>>

  • Video purports to show beheading of US journalist

    Video purports to show beheading of US journalist

    Tuesday, September 2 2014 2:55 PM EDT2014-09-02 18:55:56 GMT
    The World Food Program says it provided food to a record 4.1 million people inside Syria last month.More >>
    Islamic State extremists released a video posted Tuesday showing the beheading of a second American journalist, Steven Sotloff, and warning President Barack Obama that as long as U.S. airstrikes against the militant group...More >>
  • Bicyclist struck by car in Madison

    Bicyclist struck by car in Madison

    A bicyclist suffered non-life threatening injuries after he was struck by a car Sunday night.More >>
    A bicyclist suffered non-life threatening injuries after he was struck by a car Sunday night.
    More >>
  • Drunk driver arrested for causing crash

    Drunk driver arrested for causing crash

    MADISON (WKOW) -- A Mukwonago man is arrested after crashing and injuring someone while driving drunk.Police say the crash happened at the corner of Highway 12-18 and Millpond Road around 8:00 p.m. Sunday night.A 41-year-old Elkhorn woman, who was a passenger in the other car, was taken to a hospital with internal injuries, they are not thought to be life-threatening.The woman's husband and two sons were also in the car with her, but were not injured.The suspect, 44-year-old Lawrence Hana was...More >>
    MADISON (WKOW) -- A Mukwonago man is arrested after crashing and injuring someone while driving drunk.Police say the crash happened at the corner of Highway 12-18 and Millpond Road around 8:00 p.m. Sunday night.A 41-year-old Elkhorn woman, who was a passenger in the other car, was taken to a hospital with internal injuries, they are not thought to be life-threatening.The woman's husband and two sons were also in the car with her, but were not injured.The suspect, 44-year-old Lawrence Hana was...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WKOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Anna Engelhart at 608-661-2767. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.