Federal Reporting and Recovery Gaps
An investigation led by Senate Democrats found that federal agencies lack a unified accounting of money seized from overseas scam compounds or returned to victims. While agencies such as the FBI, FTC and Secret Service reported returning hundreds of millions of dollars in recent years, these figures represent only a fraction of reported losses.
Private Sector Engagement
The report notes that US regulators and lawmakers have not established clear liability for technology, telecommunications or financial services companies regarding scam prevention, unlike jurisdictions in the UK, EU, Australia and Singapore.