James Hill: “Financial fraud is a plague. Financial fraud is one of the fastest growing crimes in this country, harming families and…”

“Financial fraud is a plague. Financial fraud is one of the fastest growing crimes in this country, harming families and seniors across the Nation. Last year alone, Americans lost more than $12.5 billion to scams. These crimes steal hard-earned savings and retirement funds. They destroy lives, and they undermine confidence in our financial system. That is why it is critical for every American to take simple steps to protect themselves. Never share banking or personal information unless you have verified the source. Be cautious of unsolicited calls and emails. Review bank statements regularly, and use and develop strong passwords and multifactor authentication to secure your accounts. If you suspect fraud, report it immediately to law enforcement or the FBI's Internet Crime Complaint Center. Mr. Speaker, as chairman of the House Financial Services Committee, I have a mission to protect both Arkansans and all Americans from financial crime. It remains a top priority.”