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Military retirees targeted for fraud

Kansas military retirees are being warned to protect their assets against financial predators.

Financial exploitation of seniors is a growing problem, according to Kansas Securities Commissioner Josh Ney. Ney warns that military retirees in particular are being targeted by con artists pushing fraudulent investment schemes.

“Con artists will try to exploit any connection they can to build your trust, even ties to the military community,” Ney said.

The website KansasMoney.gov, launched earlier this year by KSC, provides investor education materials and information specific to military families. Additionally, the Financial Industry Regulatory Authority features investor education materials catering to military families at saveandinvest.org/military. More resources to fight fraud can be found at serveourseniors.org.

Last modified Feb. 24, 2016

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