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.

Whereas millions of individuals age 65 or older (referred to in this preamble as seniors) in the United States are targeted by scams each year, including vacation scams, Social Security impersonation scams and Internal Revenue Service impersonation scams, other government agency impersonation scams, veterans benefits scams, health and benefits scams, sweepstakes scams, romance scams, computer tech support scams, grandparent and person-in-need scams, debt collection scams, home improvement scams, fraudulent investment schemes, pet scams, job opportunity scams, timeshare exit scams, and identity theft;

Whereas other types of fraud perpetrated against seniors include Medicare impersonation fraud, health care fraud, health insurance fraud, counterfeit prescription drug fraud, funeral and cemetery fraud, anti-aging product fraud, telemarketing fraud, charity and disaster scams, internet fraud, and cyberattacks;

Whereas the Government Accountability Office has estimated that seniors lose a staggering $2,900,000,000 each year to an ever-growing array of financial exploitation schemes and scams;

Whereas, since 2013, the Fraud Hotline of the Special Committee on Aging of the Senate has received more than 10,000 complaints reporting possible scams from individuals in all 50 States, the District of Columbia, and the Commonwealth of Puerto Rico;

Whereas the ease with which criminals contact seniors through the internet and telephone increases as more creative schemes emerge and scammers employ new technologies, such as artificial intelligence and spoofing of caller ID information, to fraudulently gain the trust of seniors;

Whereas, according to the Consumer Sentinel Network Data Book 2023 released by the Federal Trade Commission, individuals age 60 or older reported losing almost $2,000,000,000 to fraud in 2023, with a median loss for victims age 80 or older of $1,450, more than 3 times the median amount lost by those victims between the ages of 50 and 59;

Whereas senior fraud is underreported by victims due to shame, stigma, and lack of information about where to report fraud; and

Whereas May 15, 2024, is an appropriate day to establish as National Senior Fraud Awareness Day: Now, therefore, be it