How a Veteran CEO’s Retirement Was Nearly Wiped Out by a Sinister Scam – and What You Must Know to Protect Yourself
(6) Contact the company my husband had worked for to determine if other retirees had a similar problem. Determine how to arrange for the monthly retirement funds to be deposited into a savings account, not a checking account. The secretary took my information, I sent a text photo of the letter, and she said she would contact me after the Thanksgiving holiday.
Another sigh of relief and a trip home to complete the detailed work regarding the new account.
“No rest for the weary!”
The following week, three more letters with the colorful logo appeared in my mailbox. The first one that I opened stated that, under my husband’s retirement contract, no funds were to be paid because Peter was deceased. Another letter requested that I repay the agency for the “overpayment.” Red flags again. The comments in the letter were in direct contrast to the phone conversation I had with “John,” and with the retirement information I had in my files.
