The Maine Department of Labor (MDOL) has learned of a potential scam targeting veterans' bank accounts. Veterans who have either signed up or have been approved for the new Veterans Retraining Assistance Program (VRAP) have been specifically affected. Veterans are reporting that they have received a phone call from an individual who congratulated the veteran on his or her VRAP approval. The caller advises the veterans to call a phone number with a 202 area code, give his or her bank account number and routing number to a person named "Kelly," and pay $205 for the service fee. Veterans should never provide banking account information over the phone to anyone. Veterans who think they might have been targeted should contact Dennis P. Wellman, MDOL's manager of veteran programs, at (207) 623-7900.
For more credit and debt tips, including scams to watch out for, visit the Military.com Personal Finance Center.