The legislation mandates the Federal Trade Commission (FTC) to report on and enhance awareness about scams that disproportionately affect older adults, especially during emergencies.
Key requirements include:
The FTC must report on the number and types of scams targeting older adults in emergencies, detail enforcement actions taken against such scams, and offer policy recommendations to prevent them.
The FTC is tasked with updating its web portal to provide current information on scams affecting older adults, including how to report these scams.
The FTC must collaborate with media outlets and law enforcement to spread information about scams targeting older adults to seniors, their families, and caregivers.
Definitions provided in the legislation:
"Commission" refers to the Federal Trade Commission.
"Senior" is defined as per the term "elder" in the Elder Abuse Prevention and Prosecution Act, ensuring the focus is on protecting older adults.