United We Stand: A National Strategy to Prevent Scams

Erin Borġ (Thiemann)

Associate Director, Inclusive Financial System

Kate Griffin

Director, Inclusive Financial System

Laila Bera

Program Associate

Nick Bourke

Senior Policy Advisor, Inclusive Financial Systems

Molly Rubenstein

Manager, National Task Force on Fraud and Scam Prevention

Scams and fraud have become a national security threat, costing Americans more than $150 billion annually, fueling organized crime and undermining trust in communications and finance. The National Task Force on Fraud and Scam Prevention, convened by the Aspen Institute Financial Security Program, has developed a report that proposes a coordinated national strategy to suppress fraud, modernize legal frameworks, and undermine the scams business model by making it harder for transnational criminals to prey on American households.

The recommendations come at a pivotal moment when Americans are increasingly feeling the impact of the scams epidemic, as 1 in 5 Americans (about 50 million) have lost money to an online scam or attack. In fact, scams are the second-highest crime fear among Americans: second to identity theft, and ahead of all other forms of crime including being burglarized or mugged.

Yet despite the size of this threat, the United States lacks a coordinated plan to fight back, and no single sector can stop scams alone. United We Stand: A National Strategy to Prevent Scams, developed by Aspen FSP with input from 300+ experts from across 80+ organizations, offers a blueprint for action.

Learn more about how a whole-of-ecosystem approach is needed to address this cross-sector issue.


Event

United Against Fraud: How America Will Defeat Scams

On October 1, the National Task Force on Fraud and Scam Prevention launched its recommended national strategy to stop fraud and scams.

Aspen Institute Financial Security Program Launches National Task Force for Fraud & Scam Prevention

Today, the Aspen Institute Financial Security Program (Aspen FSP) is announcing the formation of a National Task Force for Fraud & Scam Prevention, an initiative that will bring together leading stakeholders from government, law enforcement, private industry, and civil society to develop a nation-wide strategy aimed at helping prevent fraud and scams.