Friday, April 16, 2010

Financial Fraud Enforcement Task Force Launches StopFraud.gov

April 16, 2010 - President Obama’s Financial Fraud Enforcement Task Force today announced the launch of StopFraud.gov. StopFraud.gov is a one-stop shop for the American people to learn how to protect themselves from fraud and to report it wherever - and however - it occurs. It will also serve as a hub of information about the task force’s work.

President Obama established the interagency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources.

"The Financial Fraud Enforcement Task Force is the broadest coalition of law enforcement, investigatory and regulatory agencies ever assembled to combat fraud, but one of our best partners in the fight is a vigilant, informed public," said Robb Adkins, Executive Director of the Financial Fraud Enforcement Task Force. "Throughout government there are resources to help hardworking, honest Americans protect themselves from fraud and report fraud, and StopFraud.gov will connect the public with those valuable tools."

StopFraud.gov combines resources from a wide range of federal agencies on ways consumers can protect themselves from fraud and report fraudulent activity. It also features access to the latest announcements, press releases, speeches and information regarding the Financial Fraud Enforcement Task Force.

The Financial Fraud Enforcement Task Force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes.

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