When it comes to financial matters, retired Navy Rear Adm. Brian E. Luther is more savvy than many people.

But even Luther — the president and CEO of Navy Mutual — nearly got scammed, exemplifying just how sophisticated financial scammers have become. Since he took the leadership role at Navy Mutual in 2020, his family has been targeted by scammers about every other year.

Navy Mutual regularly warns their military community members about the latest scams as part of their efforts to help military families safeguard their financial futures.

According to the Federal Trade Commission, military consumers reported losing $584 million to fraud in 2024.

“We’re trusting people,” Luther said. “The scammers are trying to find people who are trusting and vulnerable, and they take advantage of th

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