GUARD Act
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Summary
The GUARD Act permits state, local, and tribal law enforcement agencies receiving certain federal grant funds to use those funds for investigating elder financial fraud, pig butchering, and general financial fraud. The bill authorizes these agencies to hire personnel, conduct specialized training, obtain software tools, and designate financial sector liaisons. It also requires law enforcement agencies to report on their use of funds and outcomes, and directs federal agencies to submit reports to Congress on the scope of financial fraud and scams in the United States.
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