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State AG Rob Bonta today led a multi-state, bipartisan delegation of US attorneys general urging Congress to protect seniors from financial exploitation. (Anne Wernikoff/ CalMatters)
SACRAMENTO - California Attorney General Rob Bonta today urged the U.S. Senate to support and pass the Fraud and Scam Reduction Act (H.R. 1215), a bill which seeks to establish ways to help combat financial exploitation of senior citizens. A bipartisan, multi-state coalition of 46 state attorneys general echoed the call.
Each year, millions of elderly Americans fall victim to some form of financial exploitation. These schemes are often carried out by perpetrators soliciting payments through mail, over the phone, and online. The FBI estimates that nearly $3 billion is lost annually due to elder fraud and scams, and that number is rising rapidly.
State Urges Congress To Pass Bill Protecting Seniors - Oklahoma City, OK - Oklahoma has joined a multi-state, bipartisan delegation urging Congress to pass bills protecting seniors from financial exploitation