How a Veteran CEO’s Retirement Was Nearly Wiped Out by a Sinister Scam – and What You Must Know to Protect Yourself
The envelope looked harmless. I recognized the colorful logo in the return address but wondered why the agency that managed my deceased husband’s retirement account would be contacting me. Peter had passed away three and a half years prior and the only previous communication from the agency had been the regular monthly deposits to my checking account, deposits that had been made for years.
Could there be a problem?
I skimmed the letter which, at first glance, requested information about my mailing address. Rather than answer the request electronically, I decided to take the second option offered. I called the 800 number and spoke to “John,” who explained the reason I was contacted. Supposedly, there was a concern that all of the payments to my account had been sent with the assumption that Peter was still alive, not deceased. So, when the initial query letter they sent was returned, but the money was deposited, the “agency” began to do some checking and located my current address.
