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National Senior Fraud Awareness Day: Boosting Protection Against Scams

The Senate designated May 15th as National Senior Fraud Awareness Day to highlight the massive financial scams targeting older Americans, which result in billions of dollars lost annually. The resolution encourages law enforcement and financial institutions to implement better policies and educational efforts to protect seniors from various frauds, including identity theft and impersonation scams. This aims to equip citizens with better knowledge and tools to safeguard their savings.
Key points
Official designation of May 15th as National Senior Fraud Awareness Day to increase public awareness of financial threats targeting seniors.
Encouragement for law enforcement and financial institutions to implement stronger policies to prevent scams targeting individuals aged 65 and older.
Recognition that seniors lose billions annually to fraud, emphasizing the urgent need for improved protective measures and education.
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Adopted
Citizen Poll
No votes cast
Additional Information
Print number: 118_SRES_690
Sponsor: Sen. Collins, Susan M. [R-ME]
Process start date: 2024-05-15