Establishes a Federal Fraud Interagency Task Force to investigate and combat fraud involving Federal dollars.
The No More SCAMS Act establishes a Federal Fraud Interagency Task Force to investigate and combat fraud involving Federal dollars. The President must appoint a Director with 10 years of fraud investigation or Federal law enforcement experience, and members from covered agencies with expertise in Federal financial management and fraud risk management. The Task Force will investigate fraud allegations, coordinate with State and local law enforcement, develop best practices for fraud prevention, and facilitate interagency cooperation.
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