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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 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 advisory office will be established within the Federal Trade Commission to prevent fraud targeting seniors.
The office will monitor various types of fraud (e.g., mail, internet, telemarketing) and coordinate with other agencies.
Educational materials will be disseminated to seniors, their families, and caregivers, describing common fraud schemes.
Procedures for reporting fraud complaints will be improved, with information immediately available to law enforcement.
A website will be maintained as a resource for information on fraud targeting seniors.
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Additional Information
Seniors Fraud Prevention Act of 2021
Print number: S 349
Sponsor: Sen. Klobuchar, Amy [D-MN]
Process start date: 2021-02-22