Were offering a tool but you aught to beware, and be a stewardship in this tool. We have worked with new guidances to try to lower the cost of a Development Program. So that the pipeline can be, you know, more robust. You know, on the issue of judicious use and stewardship and i hear the words that are set on that. But you know, you talk about using things outside their area of indication. We tend to think of the world in which we live. But im from texas and im just a little bit south of texas theres a dirent world where there is not a prescription requirement and you simply go to the pharmacy and say, i need this. And the pharmacist may direct them to a particular drug or may just simply come in with a recommendation from a Family Member and make that purchase. So it is an obviously harder to control that with the jurisdiction of the United States where it is happening right outside. Is that correct . Totally agree. Everybody is outside with modern air travel. And so we are getting so
Were offering a tool but you aught to beware, and be a stewardship in this tool. We have worked with new guidances to try to lower the cost of a Development Program. So that the pipeline can be, you know, more robust. You know, on the issue of judicious use and stewardship and i hear the words that are set on that. But you know, you talk about using things outside their area of indication. We tend to think of the world in which we live. But im from texas and im just a little bit south of texas theres a dirent world where there is not a prescription requirement and you simply go to the pharmacy and say, i need this. And the pharmacist may direct them to a particular drug or may just simply come in with a recommendation from a Family Member and make that purchase. So it is an obviously harder to control that with the jurisdiction of the United States where it is happening right outside. Is that correct . Totally agree. Everybody is outside with modern air travel. And so we are getting so
The hearing of the Senate Judiciary subcommittee on crime and terrorism will come to order. Im expecting that my Ranking Member senator Lindsey Graham will be here shortly. I just saw him on the cspan screen. I know hes on the floor and not here. But i have permission from his staff to proceed. He will join us as soon as his schedule permits. I also want to recognize in the audience ed pigano. Its good to have him back in a different capacity. We are having a hearing today that is entitled, economic espionage and trade secret theft. Are our laws adequate for todays threats . Today the subcommittee is going to explore how we can better protect american businesses from those who try to steal their valuable intellectual property. American committees are renounced as being the most innovative in the world. Companies of every size and in every industry from manufacturing to software to biotechnology to aerospace own large paortfolios of legally protected trade secrets they have developed is
Good afternoon, chairman nelson, Ranking Member collins and members of the committee. I appreciate the opportunity to appear before you on behalf of the federal trade commission to discuss the commissions role in combating telemarketing fraud. As we have heard the jish inflicted by fraud is wellknown. The harm is not just economic but emotional as well. To tackle phone fraud, the ftc uses Law Enforcement with close coordinate with federal and international counterparts, education and outreach and an initiative to spur technological innovation to develop tools that help consumers avoid unwanted calls and also help law enforcers to track down the frauds. First Law Enforcement and with a focus on imposter scams. Each of us seeks out and relies upon trusted sources. Thats the very thing scammers use and twist. Whether they pretend to be from the government, a Family Member or hide behind a recognizable corporate name. Impersonating someone trusted is more than a door opener. Its an invitat
The victim over the telephone that his or her grandchild or another relative is in jail, is in the hospital or stuck in a foreign country and needs money to get out of the predicament. And since the beginning of 2012, the federal trade commission has received more than 30,000 complaints about scammers who claim to be a friend or a Family Member in distress. And its costing americans more than 42 million. Just since the beginning of 12. Now, this doesnt tell the whole story. Since a majority of these crimes go unreported. What we do know is that the ftc reports that imposter scams have double doubled between 2009 and 2013. And so today were going to hear from a distinguished panel on what authorities are doing to detect and prosecute such crimes and how seniors can protect themselves. We are also going to hear about private industrys role in combating these scams. The bottom line is that the government alone cannot prevent these types of scams. Private companies that sell prepaid debit