The bill would require the Secretary of State, working with other federal agencies, to create a global strategy to counter international scam compounds and the criminal groups that run or support them. The strategy would address fraud, human trafficking, forced criminality, and money laundering. It would also set up an interagency task force and require annual public progress reports. After 180 days, the President could impose financial sanctions on certain foreign people involved in these operations, with some exceptions and a national-interest waiver.
The bill focuses on international efforts rather than services for individuals in the United States. It calls for work to prevent recruitment fraud, support trafficking survivors, and raise awareness of scams. It does not provide individual remedies for people who lose money to fraud.
The bill does not specify a cost or provide a funding amount. It directs the strategy to identify resources needed to carry it out.
Congress states that scam compounds threaten people in the United States and other countries, and that the United States should work with partners to prevent fraud, support survivors, and hold the operators and enablers accountable.
No publicly available information.