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Empowering Local Police to Fight Financial and Crypto Fraud.

This law allows state, local, and Tribal police to use existing federal grants to combat modern financial fraud, including scams targeting seniors and complex investment frauds (like "pig butchering"). This enables law enforcement to hire experts, purchase specialized software, and receive training on tracing blockchain transactions, aiming to enhance citizens' financial security.
Key points
Local agencies can now use federal funds to investigate financial fraud, including scams targeting seniors and those involving cryptocurrency.
Police will gain access to training and tools for tracing blockchain transactions, crucial for combating modern digital crimes.
Cooperation between local police and federal agencies in using advanced fraud detection tools will be strengthened.
article Official text account_balance Process page
Expired
Citizen Poll
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Additional Information
Print number: 118_HR_9480
Sponsor: Rep. Nunn, Zachary [R-IA-3]
Process start date: 2024-09-06
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Empowering Law Enforcement to Combat Financial Fraud Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_9480.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-09-06.

What are the main provisions?

Key points include:

  • Local agencies can now use federal funds to investigate financial fraud, including scams targeting seniors and those involving cryptocurrency.
  • Police will gain access to training and tools for tracing blockchain transactions, crucial for combating modern digital crimes.
  • Cooperation between local police and federal agencies in using advanced fraud detection tools will be strengthened.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Nunn, Zachary [R-IA-3].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Courts and Law Security Economy