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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 eve ....
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 ....
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 typ ....
Next a Senate Aging Committee hearing on phone scams targeting seniors. Witnesses talked about a particular scam where someone pretended to be a Family Member or loved one to get a victim to wire them money. Americans lost more than 73 million to phone scams last year. This is about 50 minutes. Good afternoon. Ive asked all of you to join the table instead of two panels, because we have a vote that is being called around 2 20. So i want to take the advantage of going ahead and getting all of your testimony. This hearing is the latest in a series of investigations the committee has conducted on the devastating impact that fraud and scams have on Senior Citizens over the last two years. We have explored the rise of jamaican lottery scams, tax refund schemes and S ....
Next, the Senate Judiciary committee looks into economic espionage. In its todays edition of washington journal. Later the House Armed ServicesCommittee Hears from defense secretary chuck hagel about the deal struck with the taliban to return Sergeant Bowe bergdahl. Lead today booktv is live at politics and prose in washington. Baguettes and we liked it on cspan2s booktv at 7 p. M. Eastern. Here are some of the highlights for this weekend. Find our Television Schedule one week in advance at cspan. Org and let us know what you think about the programs you were watching. Calls at 202s 663400 or email us at comments cspan. Org. Join a cspan conversation, like us on facebook, follow us on twitter. Boe ....