A resolution supporting the designation of May 15, 2024, 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 emphasizes the need for efforts to prevent scams and improve protections for seniors facing potential financial exploitation. It acknowledges the roles of law enforcement, consumer protection groups, area agencies on aging, and financial institutions in both safeguarding this demographic and educating them about potential scams. This collective approach is intended to enhance protective measures within the community for one of its most vulnerable segments.
SR690 is a resolution supporting the designation of May 15, 2024, as 'National Senior Fraud Awareness Day'. The resolution aims to raise awareness about the increasing fraudulent scams targeted at seniors in the United States. As indicated in the resolution, millions of individuals aged 65 and older are victims of various scams, including impersonation scams from various government agencies, health care fraud, investment scams, and numerous others, revealing a dire need for public consciousness around this issue.
While the resolution promotes awareness and preventive measures against scams targeting seniors, it does not delve into specific legislative changes or funding allocations. The absence of concrete policy implementation can lead to varying responses, as some may feel that merely raising awareness without enforceable measures does not adequately address the growing problem. Therefore, the resolution might face scrutiny regarding its effectiveness in combating the increasing prevalence of scams against the elderly.