BY PAUL SMITH
Attorney General Kathleen G. Kane and Acting Adjutant General James R. Joseph today warned Pennsylvania veterans and their families to be aware of schemes aimed at selling veterans financial products they don’t need or charging them for services which are otherwise free.
These kinds of schemes, referred to as “pension poaching,” may be perpetrated by attorneys, financial planners, insurance agents or others who use misleading or incomplete information to encourage veterans to make decisions about their finances in order to qualify for benefits.
Kane said her agency’s Office of Military and Veterans Affairs has received reports of dishonest planners or people misrepresenting themselves as veteran service officers targeting veterans in senior centers, assisted living facilities and other locations where they couple guarantees about qualifying for benefits with a high pressure sales pitch for their products.
“Some unscrupulous financial planners attempt to take advantage of our veterans by offering high-priced services that veterans and their families can typically obtain for free,” Kane said. 
“Veterans should avoid these dishonest advisors and keep the money that’s rightfully theirs. My Office of Military and Veterans Affairs is committed to advocating on behalf of veterans and protecting them from scams.”
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