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Little Hoover Commission to study financial scams, including elder fraud; staff to prepare scoping memos on related topics
Summary
The Little Hoover Commission agreed to pursue a study requested by Sen. Grayson into financial scams and payment-facilitated fraud, prompted by public comments on elder financial abuse. Staff will draft a scoping memo and return with hearing plans; commissioners also asked for scoping memos on prison education, youth suicide and state IT.
The Little Hoover Commission agreed on July 1 to pursue a study requested by state Sen. Grayson into financial scams and fraud — including elder financial exploitation — and directed staff to prepare a scoping memo and schedule hearings.
The decision followed public comments from advocates who urged immediate state action to address high-dollar losses to scams, and a discussion among commissioners about the study's scope and likely state-level levers. Ethan Ritter, commission staff, told the commissioners staff has bandwidth to pursue two additional studies and recommended preparing scoping memos to narrow the target areas before starting full investigations.
The request from legislators (included in commission materials) asks the…
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