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Event Description

As part of the Stop Senior Scams Act, on September 29, 2022, the FTC is bringing together an Advisory Group of federal agency partners, consumer advocates, and industry representatives to focus on ways to better identify and stop scams that affect older adults. The Advisory Group will focus on four main areas: 1) expanding consumer education efforts; 2) improving industry training on scam prevention; 3) identifying innovative or high-tech methods to detect and stop scams; and 4) developing research on consumer or employee engagement to reduce fraud.
 

  • Agenda

    2:30 pm

    Welcome

    Lois Greisman
    FTC Elder Justice Coordinator
    Associate Director, Division of Marketing Practices
    Federal Trade Commission

    2:30 pm

    Opening Remarks and Introduction of the Senior Fraud Advisory Office and the Federal Trade Commission Leadership Team

    Samuel Levine
    Director, Bureau of Consumer Protection
    Federal Trade Commission

    The FTC is creating a Senior Fraud Advisory Office within the Bureau of Consumer Protection’s Division of Consumer Response & Operations under the Stop Senior Scams Act. The Senior Fraud Advisory Office will advise the Commission on fraud prevention strategies, monitor the market for emerging fraud trends impacting older adults, and coordinate with our law enforcement partners to disseminate consumer education regarding these new trends.

    2:40 pm

    Introduction of Advisory Group Members

    Patricia Hsue
    Stop Senior Scams Act Coordinator
    Federal Trade Commission

    The FTC is forming an Advisory Group under the Stop Senior Scams Act to design and implement new initiatives to reduce the impact of fraud on older adults. The Advisory Group will be comprised of a cross-section of stakeholders with a role in addressing scams targeting older adults, including government agencies, industry members, and consumer advocates.

    Members of the Advisory Group are:

    AARP
    AmeriCorps
    Chamber of Digital Commerce
    Commodity Futures Trading Commission
    Consumer Financial Protection Bureau
    Federal Deposit Insurance Corporation
    Federal Reserve Board
    Federal Trade Commission
    Financial Crimes Enforcement Network
    Financial Industry Regulatory Authority
    Innovative Payments Association
    National Retail Federation
    Office of the Attorney General for the State of Vermont
    Retail Gift Card Association
    Securities and Exchange Commission
    The Money Services Round Table
    U.S. Department of Health and Human Services
    U.S. Department of Justice
    U.S. Department of Treasury
    U.S. Postal Inspection Service
    USTelecom

    Biographies

    3:30 pm

    Introduction of the Committees

    Lois Greisman
    FTC Elder Justice Coordinator
    Associate Director, Division of Marketing Practices
    Federal Trade Commission

    The Advisory Group will form four committees to tackle the following topics over the new year: 1) expanding consumer education efforts; 2) improving industry training on scam prevention; 3) identifying new methods to detect and stop scams; and 4) developing research on consumer or employee engagement to reduce fraud.

FTC Privacy Policy

Under the Freedom of Information Act (“FOIA”) or other laws, we may be required to disclose to outside organizations the information you provide when you pre-register. The Commission will consider all timely and responsive public comments, whether filed in paper or electronic form, and as a matter of discretion, we make every effort to remove home contact information for individuals from the public comments before posting them on the FTC website.

The FTC Act and other laws we administer permit the collection of your pre-registration contact information and the comments you file to consider and use in this proceeding as appropriate. For additional information, including routine uses permitted by the Privacy Act, see the Commission’s comprehensive Privacy Policy.

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