July is Military Consumer Protection Month, and military personnel make great sacrifices for this country.
While most Americans are grateful for their service, unfortunately, military consumers are often targeted by scammers and identity thieves who take advantage of the military community’s unique culture and circumstances, resulting in losses exceeding $584 million in 2024 according to the Federal Trade Commission (FTC).
Last year, there were more than 99,000 reports of fraud and 38,000 reports of identity theft filed with the FTC by military consumers including active duty servicemembers, veterans and retirees, reserve and National Guard personnel, and military spouses and dependents.
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