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Protecting Military Members and Families from Financial Fraud

This act establishes a special task force to protect service members, veterans, and their families from financial fraud. This aims to combat the increasing number of scams that cost these groups hundreds of millions of dollars annually. The goal is to enhance the financial security of individuals associated with the military.
Key points
Establishment of an Interagency Task Force on Financial Fraud to protect service members, veterans, and military families.
The task force will identify new fraud methods, collect data, and develop recommendations for federal agencies to combat financial crime more effectively.
Reports on the task force's activities will be regularly submitted to Congress, ensuring continuous monitoring and improvement of protective measures.
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Additional Information
Print number: 118_HR_1188
Sponsor: Rep. Lynch, Stephen F. [D-MA-8]
Process start date: 2023-02-24