During the Korean War, Billy Brown faced enemy bullets, starvation and bitter cold. Now the benefits that he earned for his sacrifice have been tied up by the Department of Veterans Affairs, which in 2009 diverted his payments to trustees who have taken control not only of those funds, but of his life savings of some $100,000 as well. Richard Wortham, Mr. Brown’s son, gained power of attorney for his father four years before the department stepped in, and found out about his father’s new financial minder only when he tried to withdraw money from the bank. “They said we no longer had access to his money — we could only get it from the fiduciary,” Mr. Wortham said.
What began as a broad effort to safeguard ailing veterans and their families from financial loss and abuse has turned into what lawyers and veterans’ advocates call a mismanaged and poorly regulated bureaucracy that not only fails to respond to veterans’ needs but in some cases creates new problems.
Families of veterans like Mr. Brown, 80, and William E. Freeman, whose sister was denied the ability to manage his benefits, and beneficiaries like Dennis Keyser, whose appointed trustee turned out to be a felon, say the system is badly flawed.
The department says it has appointed people to manage 111,407 accounts with a cumulative value of more than $3.2 billion. They earn up to 4 percent commission on the money under their care. The department, in a statement, said that beneficiaries had access to due process before a final decision was reached about appointing a beneficiary, and that the financial managers were carefully vetted. Once appointed, they “may also be required to prepare annual accountings.” In making the choice, the agency said, “priority is given to a family member if qualified and willing to serve.”
The report stated that 315 fraud investigations from October 1998 to March 2010 had “resulted in 132 arrests and monetary recoveries of $7.4 million in restitution, fines, penalties and administrative judgments.”
Full Article and Source:
Instead of Helping, Trustee Program Is Hurting Veterans, Families Say
10 comments:
Greedy Guardians! Doesn't matter where they hang out!
The families are right and I bet the VA guardianship program is taking full advantage of the growing number of disabled soldiers returning from our present wars.
Makes me sick. Oh, we love our Veterans when they're out there fighting and after they've done that for us, we don't care enough about them.
I've heard complaints that the VA guardians take more than just the VA benefits.
Who is guardian the guardians; or better put: are they being monitored at all?
Same thing they're doing to non-Vets.
It's so sick and wrong.
Makes me steam! After all they've done for us, this is how they're treated? And by the branch of government that's dedicated to them?
It just makes me want to scream. The vultures find the vunerable and they sworm in. They sworm children, disabled adults, elderly, and vets. Shame.
"The department says it has appointed people to manage 111,407 accounts with a cumulative value of more than $3.2 billion."
Follow the money...all the way to the VA's bank.
What is shocking is that the field agents set such a low standard of living for the vets--just enough for survival. If a vet wants to go to a movie, he must take money out of his food budget
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