- The Washington Times - Wednesday, July 11, 2018

The Department of Justice on Wednesday unveiled a multi-agency task force to combat consumer fraud schemes, including those targeting the elderly and veterans.

The task force will use resources from the Justice Department, the Securities and Exchange Commission, the Consumer Fraud Protection Bureau and the Federal Trade Commission to target areas such as cyber financial fraud, health care fraud, digital currency fraud, tax fraud and other financial crimes.

For example, last month the Justice Department and Health and Human Services announced the prosecution of 601 defendants, including 76 doctors, in the nation’s largest coordinated health care fraud enforcement action. Prosecutors say the case involved more than $2 billion in false billings.

In another example, the DOJ along with Homeland Security and Treasury Departments arrested 74 individuals in the United States and overseas. The defendants are accused of targeting the elderly by enticing them to wire money and transmit sensitive information over the internet.

“Drawing on our pooled resources, including subject-matter expertise, data repositories, and analysts and investigators, we can identify and stop fraud on a wider scale than any one agency acting alone,” Deputy Attorney General Rod Rosenstein said.

Mr. Rosenstein said the task force’s first goal is to identify areas of vulnerability and ensure that the federal government devotes appropriate resources to address them.

The task force was created by an executive order signed by President Trump.


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