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FBI Reveals a 59% Surge in Senior Fraud Losses: Can This New Bill in Congress Help Seniors Fight Back?
Seniors lost $7.7 billion to fraud last year. The House passed a bill to let mutual funds freeze suspicious transactions, aiming to close a regulatory loophole that leaves retirees vulnerable.
Nasdaq News — 1 August 2026
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The U.S. House of Representatives has passed the Financial Exploitation Prevention Act, a critical legislative move designed to combat a staggering 59
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