Representatives from 13 federal and state government agencies, along with representatives from industry and consumer advocates, will join the Federal Trade Commission on Sept. 29 for the first meeting of the newly formed Scams Against Older Adults Advisory Group.
The advisory group, which was created as part of the Stop Senior Scams Act passed in March of this year, is led by the FTC and will tackle four topics: 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. The advisory group also will help identify and invite key stakeholders to contribute to the committees’ work.
Agencies and organizations participating in the meeting in addition to the FTC include:
- 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
The meeting will take place on Sept. 29 at 2:30 p.m. ET and will be livestreamed at ftc.gov.