KANSAS CITY, Mo., July 15, 2015 /PRNewswire/ -- Reform Online Lending joins the Federal Trade Commission, Consumer Financial Protection Bureau and other government agencies on Military Consumer Protection Day in the mission to protect military personnel from financial scams.
Reform Online Lending is focusing its efforts on weeding out fraudsters who target members of the military and their families. Industry employees who provide information about lending scams that defraud military men and women, veterans or their families will be eligible for a $25,000 reward if the information leads to a successful prosecution.
"We honor the service of our military men and women, as well as the sacrifices their families make," said Mark Curry, founder of Reform Online Lending. "In recognition of Military Consumer Protection Day, we are pleased to announce that we are increasing our focus on protecting our military from financial fraud."
For Curry, protecting military families is personal. He served in the reserve component of America's armed forces for 12 years, including two years in the Army National Guard and 10 years in the Air Force Reserve. He called Military Consumer Protection Day a "critical initiative to raise awareness of scams."
"Providing military consumers with tools and resources to protect them from fraud is the least we can do to give back to those who serve our country," Curry said.
Military members, veterans and their families can visit the Military Consumer Protection Day website to learn about the campaign and find information about avoiding and recognizing fraud.
"We strongly support the FTC and CFPB's efforts to protect military consumers," Curry said. "It is disgraceful that fraudsters target military families, stealing the resources our military personnel earned while serving America. Reform Online Lending is proud to provide consumer financial awareness to our military today and every single day of the year."
ReformOnlineLending.org is a program of entrepreneur and industry leader Mark Curry to identify and bring to justice scammers who take advantage of consumers of the online financial services industry. The program is designed to educate American consumers on the scams that are perpetrated in the online lending industry, and to work with government authorities to prosecute scammers who seek to take advantage of the industry's millions of consumers.