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House Passes Bill to Give Local Police More Tools Against Elder Financial Fraud

Published

17 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at pymnts.com →

◆ Verified

Fusion42 · 17 September 2026 · Fusion42 review

The US House passed the bipartisan GUARD Act to provide local and state law enforcement with expanded federal grant access and blockchain-tracing tools to investigate elder financial fraud, including scams involving cryptocurrency. The bill seeks to better combat complex financial scams targeting older Americans by facilitating specialist training and technology deployment at local levels.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You gained access to new law enforcement resources using grants and blockchain tools to fight elder financial scams. Local fintech compliance and fraud prevention startups can now collaborate with police for faster detection and intervention against crypto-related scams.

◆ Coverage

1 source · 17 Sep 2026

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◆ Topics

Fintechelder-fraudfinancial-crimeblockchain-tracinglaw-enforcementcryptocurrencyfederal-grants