Out of all the people one could steal money from, it takes a special kind of person to steal money from a disabled veteran. But that is exactly what is happening, and in some cases, with the implied consent of the Department of Veterans Affairs. The VA has a fiduciary program, in which the VA appoints a family member or even a stranger to manage the money for veterans that the VA considers to be disabled. Hundreds of fiduciaries have been removed for misusing the veterans funds, yet the theft and fraud continue. One scam, lasting over 10 years, misappropriated about $2 million. Since 1998, thieves have stolen more than $14.7 million from disabled veterans. But why does the VA allow this to continue? Estate of Denial reports:
They survived the Nazis, the Viet Cong and the Taliban. But hundreds of mentally disabled veterans suffered new wounds when the country they served put their checkbooks in the hands of scoundrels.
Gambling addicts, psychiatric cases and convicted criminals are among the thieves who have been handed control of disabled veterans’ finances by the U.S. Department of Veterans Affairs, a Houston Chronicle/Hearst Newspapers investigation has found.
For decades, theft and fraud have plagued the fiduciary program, in which the VA appoints a family member or a stranger to manage money for veterans the government considers incapacitated. The magnitude and pace of those thefts has increased, despite VA promises of reform. Three of the largest scams – ranging from about $900,000 to $2 million – each persisted 10 years or more before being discovered.
In the past six years, the VA has removed 467 fiduciaries for misuse of funds, but only a […]