Sunday, January 15, 2012

TX Vet Missing $600K in Disability Benefits

Jesus C. Garcia is 90 years old, and his memories of serving as an Army infantryman in World War II are as time worn as the shrapnel still lodged in his head from his battle wounds.

And though the American war vet receives disability benefits for his service and his sacrifice, almost half of that money from the last 15 years remains unaccounted for — routed through a stranger selected by the very agency that pays Garcia.

Deemed incapable of managing his own money by the Department of Veterans Affairs, his daughter Erminia Molina serves as her father’s guardian by the appointment of a judge in their hometown of Laredo. But a professional fiduciary picked by the VA regional office in Houston has overseen his assets since 1995.

Molina has been unable to find out what happened to about $600,000 in benefits that Garcia never received from the San Antonio attorney who serves as fiduciary, court records and interviews show.

Across the United States, approximately 122,271 veterans have been judged “incompetent” to manage their funds. Their $3.3 billion in assets are handled by VA-selected fiduciaries: family, friends or strangers screened by the government, according to information the VA provided to the Houston Chronicle. In Texas, 8,261 veterans’ assets are managed by fiduciaries, who can be paid 4 percent of the benefits.

Full Article and Source:
Vet Missing $600,000 in Disability Benefits; VA had Picked Fiduciary in 1995 (TX)

5 comments:

StandUp said...

There are whole seperate rules for Vets in most states and what do you want to bet that the Vet guardianship system is just as broken as the general system?

Betty said...

There is no excuse for this happening.

Anonymous said...

the truth is society doesn't care about vets when they've used them up.

Kent said...

I am sorry, Mr. Garcia, and am praying for you.

Zoompad said...

In the UK the same person who is in charge of the Courts of Corruption oops I mean Protection are in charge of the Secret Family Courts which are using a syndrome called Parental Alienation Syndrome that was invented by a paedophile called Richard Gardner to force children to visit or even live with parents that the child has accused of abusing them. Some of these abusers have even been convicted of the abuse, but the children are still being forced to go to them. This is happening all over the UK, it sounds unbelievable but it is true. The Courts of Protection are corrupt.