WASHINGTON, D.C. – In case you missed it, Senator Rick Scott led a field hearing for the U.S. Senate Special Committee on Aging on “Protecting Florida’s Seniors: Fighting Fraud and Financial Exploitation.” Senator Scott’s field hearing focused on the growing threat that scams and financial fraud pose to America’s aging population, and follows the committee’s release of the 2025 Fraud Report, highlighting the alarming rise in scams, and in particular sophisticated schemes that utilize artificial intelligence. In 2024 alone, frauds and scams cost seniors over $4.8 billion, with those aged 50-59 losing an additional $2.5 billion. Chairman Scott recently announced new legislation, the STOP Scammers Act and the GUARD Act, to combat fraud and financial scams targeting our seniors.

See highlights from the hearing HERE and below; or more from the committee HERE.

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