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Protecting Seniors from Fraud: New Office and Education

This act establishes a dedicated office within the Federal Trade Commission to protect seniors from various types of fraud. The office will monitor the market, educate seniors and their caregivers, and streamline fraud reporting, aiming to help citizens avoid financial losses and enhance their safety.
Key points
A new office will be established within the Federal Trade Commission to advise on preventing fraud targeting seniors.
The office will monitor fraud schemes (e.g., mail, internet, telemarketing) and coordinate with other agencies.
Information on common fraud schemes and how to report them will be disseminated to seniors and their families for better awareness.
Procedures for logging and sharing fraud complaints with law enforcement will be improved, speeding up responses to crimes.
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Additional Information
Seniors Fraud Prevention Act of 2021
Print number: HR 982
Sponsor: Rep. Deutch, Theodore E. [D-FL-22]
Process start date: 2021-02-11