House Passes Elderly Fraud Education Bill

Share this content:
The House of Representatives unanimously approved a bill this week that would boost efforts to educate older Americans about the dangers of fraudulent investment opportunities and sweepstakes claims.

The Protecting Seniors From Fraud Act -- S-3164 -- was written by Sen. Evan Bayh, D-IN, and was passed unanimously by the Senate last month. President Clinton is expected to sign it shortly.

The bill would authorize a federal grant of $1 million a year for five years for TRIAD, a community policing program that partners law enforcement agencies with senior volunteers to reduce crime against the elderly. The bill also would centralize efforts to educate American seniors and raise awareness about the dangers of fraud by creating a central clearinghouse for information to be distributed to each state by the U.S. Department of Health and Human Services.

Besides funding an educational program for seniors on sweepstakes and telemarketing fraud, the measure would establish a national clearinghouse to track consumer complaints and would require the FBI and other federal agencies to include statistics about those complaints in their annual crime victim surveys.
Loading links....

Next Article in Marketing Strategy

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here