Before President Eisenhower’s proclamation establishing Veterans Day in 1954, Nov. 11 was known as Armistice Day, a celebration acknowledging the end of fighting during World War I at 11 a.m. on Nov. 11, 1918 (the 11th hour of the 11th day of the 11th month). In recognition of the sacrifices and honor due to military veterans, official ceremonies take place in the memorial amphitheater built around the Tomb of the Unknown Soldier on Nov. 11 at 11 a.m. with the laying of a presidential wreath, often directly from the hands of the sitting U.S. president.
Approximately seven percent of the adult population are veterans of the U.S. Armed Forces ranging from 18 to over 100 years old and served in various conflicts such as the Korean War, the Vietnam War, the Global War on Terrorism and World War II. Regardless of the years spent in service or the age of the veteran when they transition out of the military, many service members encounter numerous personal and professional challenges when reintegrating into civilian life. Unfortunately, veterans and military retirees are also disproportionately targeted by con artists and scammers, further complicating an already stressful time in their lives.
According to the Federal Trade Commission (FTC), veterans and military retirees have lost more than $482 million to fraud since 2018….
