A resolution supporting the designation of May 15, 2023, as "National Senior Fraud Awareness Day" to raise awareness about the increasing number of fraudulent scams targeted at seniors in the United States, to encourage the implementation of policies to prevent those scams from happening, and to improve protections from those scams for seniors.
The resolution recognizes the significant financial loss that seniors face due to fraud, with estimates indicating that they lose nearly $2.9 billion each year to various scams. The comprehensive approach of SR217 involves multiple stakeholders, including law enforcement agencies, consumer protection groups, and financial institutions, who are critical in both preventing scams and educating seniors about them. By encouraging the implementation of policies aimed at protecting seniors from these scams, the resolution aims to foster a community where seniors are more informed and less vulnerable to fraud.
SR217 is a resolution supporting the designation of May 15, 2023, as 'National Senior Fraud Awareness Day.' The primary goal of this resolution is to raise awareness about the increasing number of fraudulent scams that target seniors in the United States. It aims to highlight the various types of scams that affect individuals aged 65 and older, such as vacation scams, Social Security impersonation scams, and identity theft, among others. By designating a specific day for this cause, the resolution seeks to inform and educate both seniors and the general public about the prevalence of these scams and the importance of preventive measures.
While the resolution presents a unified front to tackle fraud against seniors, there may be differing opinions on its execution and effectiveness. Some may argue whether the designation of a single awareness day will lead to substantial changes in preventing fraud, while others may feel that more comprehensive legislative measures are needed. Additionally, the issue of adequate resources provided for public awareness campaigns and protection programs could be points of contention among policymakers and advocacy groups. Overall, while SR217 focuses on raising awareness, the effectiveness of such initiatives often depends on broader legislative efforts and community engagement.