Bill filed to protect senior citizens from fraud

Senior citizens have been the target of numerous scams hence legislation should be passed to protect vulnerable individuals, according to Senator Nancy Binay.

The Senior Citizen's Fraud Education Act or Senate Bill No. 1376 has been filed by Sen. Nancy Binay to safeguard senior citizens from fraudulent activities through programs coursed through their families and caregivers.

"Bad people make a living by defrauding others. Unfortunately, senior citizens have become primary targets of scams and fraud because of their age," the Senator said. She also added that given that most seniors are at a disadvantage when it comes to technology, their literacy when it comes to spotting scams attracts ill-willed scammers to prey on them.

The Department of Trade and Industry (DTI) shall be the lead implementer under the proposed act which would be tasked to periodically disseminate material on common forms of scams such as telemarketing and internet fraud.

Complaints received by the DTI would then be forwarded to law enforcement agencies such as the PNP and NBI for investigation and apprehension.

In 2019, Senator Binay filed a similar bill addressing the matter.  

 

In the latest Philippine Statistics Authority data, there are 7.5-M senior citizens in the country.

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