H.R. 2975 · 114th Congress

Protect Veterans from Financial Fraud Act

Stage
In committee
Introduced
2015-07-08
Latest action
2015-07-17 · Referred to the Subcommittee on Disability Assistance and Memorial Affairs.

Summary

Protect Veterans from Financial Fraud Act

This bill states that, in any case not involving negligent failure by the Department of Veterans Affairs (VA) to investigate or monitor a fiduciary that results in fiduciary misuse of benefits, but in which any fiduciary misuses all or part of an individual's benefit paid to the fiduciary, the VA shall pay to the beneficiary or the beneficiary's successor fiduciary an amount equal to the amount of the misused benefit.