Disabled veterans in Texas fleeced by VA-appointed money managers
Already a convicted petty thief, Mildred Fedd had pressing bills to pay: parking tickets, a faulty sewage system, house payments and the impound lot holding her truck hostage. So she turned to the U.S. Department of Veteran Affairs and promised for a small fee to watch over an 82-year-old disabled veteran.
With his $5,000, she agreed to buy him a burial plot. Instead, the Houston caregiver paid her own bills and got caught only after she had spent all his money and went back for more, Harris County records show.
The Veterans Affairs' Inspector General has repeatedly warned about a plague of fraud and theft in a national program that appoints family members and VA-approved fiduciaries to protect a whopping $3 billion in assets belonging to veterans the government considers too disabled to manage their own money.
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http://www.stripes.com/news/disabled-veterans-in-texas-fleeced-by-va-appointed-money-managers-1.177866