,,ii ,cal5d> ,no4 #fbg #aai? ,,congress #b;d ,session ,h4 ,r4 #bigh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #af1 #bjbf,receiv$2 read twice & plac$ on ! cal5d> ,,an ,,act ,to p]mit ,/ate1 local1 & ,tribal law en=cem5t ag5cies t receive eligible ,f$]al grant funds to use su* funds = inve/igat+ eld] f9ancial fraud1 pig but*]+1 & g5]al f9ancial fraud1 & to cl>ify t ,f$]al law en=cem5t ag5cies may assi/ ,/ate1 local1 & ,tribal law en=cem5t ag5cies 9 ! use ( trac+ tools = block*a9 & relat$ te*nology1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,gu>d+ ,unprotect$ ,ag+ ,retirees f ,deception ,act ( #bjbf or ! ,,gu>d ,act ( #bjbf4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,eld] f9ancial fraud ,! t]m eld] f9ancial fraud means ! illegal or improp] use ( ! money1 prop]ty1 or o!r res\rces ( an eld]ly individual or adult ) a disability = monet>y or p]sonal b5efit1 pr(it1 or ga94 7#b7 ,eligible ,f$]al grant funds ,! t]m eligible ,f$]al grant funds means funds receiv$ "u any ( ! foll[+3 7,a7 ,title ,,iv ( ! ,prioritiz+ ,res\rces & ,organization = ,intellectual ,prop]ty ,act ( #bjjh 7#cd ,u4,s4,c4 #cjajc et seq47 7commonly kn[n z ! ,economic1 ,high-,te*nology1 ,:ite ,coll>1 & ,int]net ,crime ,prev5tion ,national ,tra9+ & ,te*nical ,assi/ance ,program71 includ+ relat+ to ! use ( te*nology to solve crimes & to facilitate prosecutions 7commonly kn[n z ! ,int]net ( ,?+s 7,io,t7 ,national ,tra9+ & ,te*nical ,assi/ance ,program74 7,b7 ,title #bh1 ,code ( ,f$]al ,regulations1 "p #bc 7commonly kn[n z ,ju/ice ,in=mation ,%>+ ,tra9+ & ,te*nical ,assi/ance ,program74 7,c7 ,section #adja ( ! ,viol5ce ,aga9/ ,wom5 ,act ,reau?orization ,act ( #bjbb 7#cd ,u4,s4,c4 #cjajg7 to a local law en=cem5t ag5cy = en=cem5t ( cyb]crimes aga9/ individuals4 7,d7 ,section #agja title ,i ( ! ,omnibus ,crime ,control & ,safe ,/reets ,act ( #aifh 7#cd ,u4,s4,c4 #ajcha71 relat+ to develop+ & acquir+ effective equipm5t1 te*nologies1 & int]op]able communications t assi/ 9 respond+ to & prev5t+ crime 7commonly kn[n z ! ,,cops ,te*nology & ,equipm5t ,program74 7#c7 ,g5]al f9ancial fraud ,! t]m g5]al f9ancial fraud means1 9 ord] to obta9 money or o!r ?+s ( value-- 7,a7 int5tional misrepres5tation ( in=mation or id5tity to deceive an individual2 7,b7 unlawful use ( a cr$it c>d1 debit c>d1 or automat$ tell] ma*9e2 or 7,c7 use ( electronic means to transmit deceptive in=mation4 7#d7 ,pig but*]+ ,! t]m pig but*]+ means a confid5ce & inve/m5t fraud 9 :i* ! victim is gradually lur$ into mak+ increas+ monet>y contributions1 g5]ally 9 ! =m ( cryptocurr5cy1 to a seem+ly s\nd inve/m5t be=e ! scamm] disappe>s ) ! contribut$ monies4 7#e7 ,scam ,! t]m scam means a f9ancial crime und]tak5 ?r\gh ! use ( social eng9e]+ t uses deceptive inducem5t to acquire-- 7,a7 au?oriz$ access to funds2 or 7,b7 p]sonal or s5sitive in=mation t c facilitate ! !ft ( f9ancial assets4 7#f7 ,/ate ,! t]m ,/ate means ea* ( ! sev]al ,/ates1 ! ,di/rict ( ,columbia1 & ea* t]ritory ( ! ,unit$ ,/ates4 #c4 ,f$]al grants us$ = inve/igat+ eld] f9ancial fraud1 pig but*]+1 & g5]al f9ancial fraud 7a7 ,9 g5]al ,/ate1 local1 & ,tribal law en=cem5t ag5cies & grantees t receive eligible ,f$]al grant funds may use su* funds = inve/igat+ eld] f9ancial fraud1 pig but*]+1 & g5]al f9ancial fraud1 includ+ by-- 7#a7 hir+ & reta9+ analy/s1 ag5ts1 exp]ts1 & o!r p]sonnel2 7#b7 provid+ tra9+ specific to complex f9ancial inve/igations1 includ+ tra9+ on-- 7,a7 coord9ation & collaboration betwe5 ,/ate1 local1 ,tribal1 & ,f$]al law en=cem5t ag5cies2 7,b7 assi/+ victims ( f9ancial fraud & exploitation2 7,c7 ! use ( block*a9 intellig5ce tools & relat$ capabilities relat+ to em]g+ te*nologies id5tifi$ 9 ! ,febru>y #bjbd ,critical & ,em]g+ ,te*nology ,li/ ,update ( ! ,fa/ ,track ,action ,subcommittee on ,critical & ,em]g+ ,te*nologies ( ! ,national ,sci5ce & ,te*nology ,c\ncil 7! ,critical & ,em]g+ ,te*nology ,li/72 & 7,d7 unique aspects ( fraud inve/igations1 includ+ transnational f9ancial inve/igations & em]g+ te*nologies id5tifi$ 9 ! ,critical & ,em]g+ ,te*nology ,li/2 7#c7 obta9+ s(tw>e & te*nical tools to conduct f9ancial fraud & exploitation inve/igations2 7#d7 enc\rag+ improv$ data collection & report+2 7#e7 support+ tra9+ & tabletop ex]cises to enhance coord9ation & communication betwe5 f9ancial in/itutions & ,/ate1 local1 ,tribal1 & ,f$]al law en=cem5t ag5cies = ! purpose ( /opp+ fraud & scams2 & 7#f7 designat+ a f9ancial sector liaison to s]ve z a po9t ( contact = f9ancial in/itutions to %>e & ex*ange ) ,/ate1 local1 ,tribal1 & ,f$]al law en=cem5t ag5cies in=mation relevant to ! inve/igation ( fraud & scams4 7b7 ,report to grant provid] ,ea* law en=cem5t ag5cy & grantee t makes use ( eligible ,f$]al grant funds = a purpose specifi$ "u subsection 7a7 %all1 n lat] ?an #a ye> aft] mak+ su* use ( ! funds1 submit to ! ,f$]al ag5cy t provid$ ! eligible ,f$]al grant funds1 a report conta9+-- 7#a7 an explanation ( ! am\nt ( funds s us$1 & ! specific purpose = :i* ! funds 7 us$2 7#b7 /ati/ics ) respect to eld] f9ancial fraud1 pig but*]+1 & g5]al f9ancial fraud 9 ! jurisdiction ( ! law en=cem5t ag5cy1 along ) an analysis ( h[ ! use ( ! funds = a purpose specifi$ "u subsection 7a7 affect$ su* /ati/ics2 & 7#c7 an assessm5t ( ! ability ( ! law en=cem5t ag5cy to det] eld] f9ancial fraud1 pig but*]+1 & g5]al f9ancial fraud4 #d4 ,report on g5]al f9ancial fraud1 pig but*]+1 & eld] f9ancial fraud ,no lat] ?an a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury1 act+ ?r\gh ! ,director ( ! ,f9ancial ,crimes ,en=cem5t ,network1 & 9 consultation ) ! ,attorney ,g5]al1 ! ,secret>y ( ,homel& ,security1 & ! appropriate ,f$]al bank+ ag5cies & ,f$]al functional regulators1 %all submit to ,congress a report on ef=ts to combat g5]al f9ancial fraud1 pig but*]+1 eld] f9ancial fraud1 & scams1 includ+ an evaluation (1 & any legislative recomm5dations to improve1 ! efficacy ( ! ef=ts4 #e4 ,report on ! /ate ( scams 9 ! ,unit$ ,/ates ,n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is ,act1 & two ye>s !reaft]1 ! ,secret>y ( ! ,treasury1 act+ ?r\gh ! ,director ( ! ,f9ancial ,crimes ,en=cem5t ,network1 %all submit a report to ,congress on ! /ate ( f9ancial fraud1 pig but*]+1 eld] f9ancial fraud1 & scams1 bas$ on in=mation available to ! ,f9ancial ,crimes ,en=cem5t ,network1 t-- 7#a7 relies on in=mation report$ to or o!rwise available to ! ,f9ancial ,crimes ,en=cem5t ,network2 7#b7 analyzes tr5ds 9 suspect$ f9ancial fraud1 pig but*]+1 eld] f9ancial fraud1 & scams1 z reflect$ 9 reports fil$ "u sub*apt] ,,ii ( *apt] #ec ( title #ca1 ,unit$ ,/ates ,code 7commonly ref]r$ to z ! ,bank ,secrecy ,act71 includ+-- 7,a7 ! volume ( relevant reports2 7,b7 ! aggregate doll> am\nt associat$ ) ! reports2 7,c7 typologies & me?ods id5tifi$ ?r\gh ! reports2 & 7,d7 ! role ( digital assets 9 ! reports2 & 7#c7 summ>izes activities conduct$ 9 coop]ation ) law en=cem5t1 includ+ ! ,rapid ,response ,program1 dur+ ! p]iod cov]$ by ! report1 includ+-- 7,a7 ! numb] ( ref]rals receiv$ f law en=cem5t2 7,b7 ! aggregate doll> am\nt ( funds = :i* int]diction 0 s\ght2 7,c7 ! aggregate doll> am\nt ( funds successfully int]dict$ or recov]$2 & 7,d7 any limitations affect+ ! activities1 includ+ limitations aris+ f reliance on law en=cem5t ref]rals4 #f4 ,report to ,congress ,ea* ,f$]al ag5cy t provides eligible ,f$]al grant funds t are us$ = a purpose specifi$ "u section #c7;a7 %all issue an annual report to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate1 ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives1 ! ,committee on ! ,judici>y ( ! ,s5ate1 & ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives conta9+ ! in=mation receiv$ f law en=cem5t ag5cies "u section #c7;b74 #g4 ,f$]al law en=cem5t ag5cies assi/+ ,/ate1 local1 & ,tribal law en=cem5t & fusion c5t]s ,f$]al law en=cem5t ag5cies may assi/ ,/ate1 local1 & ,tribal law en=cem5t ag5cies & fusion c5t]s 9 ! use ( trac+ tools = block*a9 & relat$ te*nology tools4 ,pass$ ! ,h\se ( ,repres5tatives ,septemb] #ae1 #bjbf4,kev9 ,f4 ,mc,cumber1,cl]k4 ,septemb] #af1 #bjbf,receiv$2 read twice & plac$ on ! cal5d>