Stop SCAMS Act

The Director of the Federal Bureau of Investigation shall, in coordination with the Bureau of Consumer Financial Protection, the Federal Trade Commission, and the head of any other agency that the Director determines appropriate—

(1) not later than 1 year after the date of the enactment of this section—

(A) develop and implement a government-wide strategy to counter scams and coordinate activities across the government relating to countering scams;

(B) adopt a single definition of scam and various scam types; and

(C) explore ways to harmonize data collection to better identify scams, including by consistently collecting data on scam type, dollar loss amount, payment method, and other data fields, as determined appropriate by the Director; and

(2) not later than 2 years after the date of the enactment of this section, develop and report a single, governmentwide estimate of—

(A) the number of consumers affected by scams each year, factoring in an estimate of incidents not reported; and

(B) the dollar losses resulting from such scams.

The Director shall, not later than 1 year after the date of the enactment of this section—

(A) report an estimate of the number of complaints received by the Federal Bureau of Investigation relating to scams (as defined pursuant to subsection (a)(1)(A)) each year and the estimated dollar losses associated with such scams; and

(B) establish metrics and a plan to measure the effectiveness of anti-scam training offered by the Federal Bureau of Investigation through in-person events and webinars.

The Bureau shall, not later than 1 year after the date of the enactment of this section—

(A) report an estimate of the number of complaints received by the Bureau relating to scams (as defined pursuant to subsection (a)(1)(A)) each year and the estimated dollar losses associated with such scams; and

(B) establish metrics and a plan to measure the effectiveness of anti-scam training offered by the Bureau through in-person events and webinars.

The Commission shall, not later than 1 year after the date of the enactment of this section—

(A) report an estimate of the number of complaints received by the Commission relating to scams (as defined pursuant to subsection (a)(1)(A)) each year and the estimated dollar losses associated with such scams; and

(B) establish metrics and a plan to measure the effectiveness of anti-scam training offered by the Commission through in-person events and webinars.

The Director, Bureau, and Commission shall make publicly available in any annual report on scams the estimate of the number of complaints received by the Director, Bureau, and Commission, respectively.

In this section:

The term agency has the meaning given that term in section 551 of title 5, United States Code.

The term Bureau means the Bureau of Consumer Financial Protection.

The term Commission means the Federal Trade Commission.

The term Director means the Director of the Federal Bureau of Investigation.