Im Carol Motsinger, a USA Today Network journalist, and Ive been investigating nationwide financial scams targeting veterans, their benefits, and everyday investors AMA!
Posted on
Im Carol Motsinger, an investigative journalist with the USA Today Network in South Carolina. Recently Ive been working with fellow reporter Kirk Brown to investigate a series of financial schemes that swindled veterans across the country out of their military pensions and caused thousands of middle-class investors to lose millions of dollars in savings.
The yearlong investigation started with 3 emails to our newsroom: two from veterans and one from a pro bono law firm. We chased down leads, reviewed more than 60 lawsuits from across the nation, tracked down experts on military benefits, personal finance and law, and interviewed dozens of veterans and investors caught up in a wave of financial trouble.
What we learned? These kinds of financial scams are complicated and confusing, and anyone can fall victim. This has been going on for decades (since before the internet) in at least 33 states. But now, as criminal and civil cases head to court and one man faces 20 years in jail, it could mark a new era.
We continue to follow these stories as court cases unfold and criminal trials move forward.
[link] [comments]
Subscribe to our newsletter
Promotions, new products and sales. Directly to your inbox.