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This bill establishes a national strategy for combating scams by requiring the FBI to lead an interagency working group that develops a coordinated federal approach to fraud prevention and enforcement. The working group, comprising 18 federal agencies, will develop a unified definition of 'scam,' evaluate risks and prevention methods, establish agency roles and responsibilities, and create plans for coordinated consumer complaint reporting, data collection, and public warnings. The strategy will incorporate input from scam survivors, older adults, law enforcement, businesses, and other stakeholders, and will be updated at least every five years.
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