Video & Transcript Research : 'fraud unit'
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MN
Transcript Highlights:
- . fraud. fraud.
- In one investigation performed by the Bureau of Criminal Apprehensions Fraud Unit, according to the criminal
- convicted thanks to the hard work of the Bureau of Criminal Apprehensions Fraud Unit and their great
- Fraud Unit is doing?
- Bureau of Criminal Apprehensions Fraud Unit<01:26:17.960>
is <01:26:18.040>doing.
Keywords:
HF4234, Minnesota private activity bonds, tax-exempt bonds, bond cap, aggregate bond limitation, residential rental projects, multifamily housing, affordable housing finance, housing bonds, public finance, bond allocation, private activity bond cap, Minnesota Statutes 474A.02, tax committee, tax refund, Minnesota Statutes, time limit, claims, tax overpayment, taxation
Summary:
The committee first adopted the April 14, 2026 minutes as amended, correcting a misspelling in the reference to Chair Davids. It then heard House File 4234, a tax-exempt bonding/affordable housing bill from Representative Rey Rower, and adopted a technical A1 amendment before laying the bill over for possible inclusion in the 2026 tax bill. The bill would conform Minnesota law to recent federal changes to low-income housing tax credit rules by lowering the amount of tax-exempt bonds needed for projects to qualify, with the stated goal of spreading bond allocations across more projects and increasing affordable housing production without additional state funds.
Testimony in support came from the bill author, the Greater Minnesota Housing Fund, and Mary Tingerthal, who said the change would increase efficiency in the use of federal bond authority and could raise the number of funded housing projects from about 16 to 25 per year, bringing in roughly $120 million more annually for housing. Members discussed where the benefits would be felt statewide, including greater Minnesota and larger metro areas, and the author said the bill would help address shortages in affordable and senior housing. The committee took no final vote on the bill, instead laying it over.
The committee next heard House File 3697 from Vice Chair Norris, which would change Minnesota’s tax refund claim timelines to better align with federal law and most other states. The author and a tax attorney testifier said the bill would reduce confusion and help taxpayers, especially vulnerable individuals who may overpay or be overassessed and then miss the current deadline to seek refunds. The Department of Revenue said it had no concerns with the language and did not oppose the bill, and the committee laid the bill over for possible inclusion in the 2026 tax bill.
Finally, the committee began hearing House File 4738 from Representative Keeler, a Safe Harbor funding proposal for victims of sex trafficking and sexually exploited youth. The author described Safe Harbor as a statewide program serving youth across Minnesota and said the committee should consider creative funding options, but Chair Davids stated the proposed funding source would not work because it would take money from women’s sports scholarships. Testifiers from Lake House in Duluth and a former Safe Harbor youth described the program’s impact on homeless and trafficked youth, including shelter, mental health services, education, and transition to adulthood. The hearing continued with testimony, but no action was taken in the portion provided.
MN
Minnesota 2025-2026 Regular Session
Press Conference: Majority Leader Erin Murphy Media Availability - 04/16/26
Transcript Highlights:
- <00:08:06.800>
tax, Democrats supporting it, the fraud tax, Democrats supporting it, the fraud - Could you go back again to that fraud question you asked me earlier?
- We understand that fraud is a problem.
- you asked me to that fraud question you asked me earlier?
- Uh it is not that fraud is a problem.
Summary:
A Senate DFL leader discussed the upcoming supplemental budget and said nearly half of it is being shaped by the federal budget bill passed last July, which he argued is driving hospital distress, higher county costs, and pressure on family budgets. He said the budget will focus on affordability, health care, and responding to federal actions, including an uncompensated care fund for hospitals in distress and possible one-time county technology upgrades to handle new Medicaid-related requirements. He estimated Senator Wiklund’s health and human services proposal includes about $50 million for those upgrades and said that item would likely be handled in an appropriation bill rather than a bonding bill.
The leader also said bonding is a top priority this year and that public asset maintenance remains important, including projects tied to sports and civic facilities. On HCMC and broader hospital funding, he said he is confident the Legislature will act, but wants to address the hospital within the context of the statewide hospital delivery system. He also said the Senate has not yet taken a position on a proposed tax related to fraud restitution, but emphasized support for fraud prevention, an independent inspector general, and more resources for the Attorney General.
School safety was another major topic. He said Senate Democrats plan to bring a comprehensive package to the floor that includes school safety funding, mental health care, and measures addressing weapons of war, and he expressed hope that some Republicans will support it. He said the Senate education finance bill already includes more school safety funding than the House GOP version, less funding for private school safety, and no weapons-of-war language, but that a broader package will come through the Finance Committee soon. He also said the Senate expects to take up a stand-alone building security package to cover ongoing screening and staffing costs, and he supported creating a special security response unit for threats against lawmakers.
Other issues mentioned included support for banning NDAs for local governments, continued attention to public safety and accountability in response to federal immigration enforcement actions, and interest in a bill affecting Minneapolis sports-related taxes and PGA funding, though he said those proposals are still being worked on and may not pass this year.
AL
Alabama 2025 Regular Session
Alabama House Constitution, Campaigns and Elections Committee Apr 9th, 2025
Constitution, Campaigns and Elections
Transcript Highlights:
- Okay, how much voter fraud have we found?
- You're talking about fraud.
- Look on page six, letter E, United States Department... six, letter E, United States Department of Homeland
- So, one of your questions was, have we had some forms of voter fraud? Voter fraud is a broad term.
- The biggest voter fraud that is perpetrated on a voter fraud that is perpetrated on a regular basis,
Keywords:
voting, elections, voter registration, voter rolls, list maintenance, address change, change of address, ERIC, Electronic Registration Information Center, AVID, Alabama Voter Integrity Database, Secretary of State, board of registrars, inactive voter, voter purge, duplicate registration, cross-state voter matching, National Change of Address, NCOA, driver license data
MN
Transcript Highlights:
- Now, when bad actors collude with the intent to commit fraud, the fraud can be very difficult to discover
- fraud the fraud can the intent to commit fraud the fraud can be<00:05:00.880>
very <00:05:01.400 - <00:21:43.919>
scheme complaint in the alleged fraud scheme complaint in the alleged fraud - Jordan about fraud being wrong. Fraud is wrong. It hurts individuals. It's unfair.
- under new fraud protection or new fraud under new fraud protection or new fraud prevention<01:10
Summary:
The Education Policy Committee met to hear a delayed presentation from the Office of the Legislative Auditor on MDE’s oversight of Feeding Our Future, a report released in June 2024. The chair framed the hearing as an oversight review of how the Minnesota Department of Education handled the nonprofit’s participation in the Child and Adult Care Food Program and the Summer Food Service Program, emphasizing that the hearing was not about criminal charges against agency staff. Legislative Auditor Judy Randall and Director of Special Reviews Katherine Tyson explained that their review focused on state oversight, not the underlying federal fraud case, which involved an alleged $250 million scheme and ongoing criminal proceedings.
The auditors concluded that MDE’s oversight was inadequate and created opportunities for fraud. They said MDE failed to act on warning signs before the pandemic, did not effectively use its authority to hold Feeding Our Future accountable, and was ill prepared to respond to problems. Examples included approving applications despite concerns about internal controls and staffing, failing to follow up on earlier review findings, not adequately investigating at least 30 complaints, and in one case referring a complaint back to Feeding Our Future for resolution rather than conducting an independent investigation. They also said MDE deferred serious deficiencies without enough evidence that problems had been fully corrected and approved meal claims despite records showing major inconsistencies.
Tyson said MDE had made progress on all eight recommendations in the report, though one recommendation to the legislature had not yet been addressed because the session had not convened since the report’s release. The auditors recommended that the legislature establish clearer statutory criteria or give MDE rulemaking authority for sponsor applications, and that MDE strengthen verification of sponsor information, focus more on high-risk sponsors, improve complaint procedures, and emphasize program integrity if waivers reduce oversight in the future. In response to member questions, the auditors said MDE’s reported progress was partial in some areas and that further review would be needed to fully confirm implementation. No votes or formal committee actions were taken during the hearing.
US
US Federal 2025-2026 Regular Session
Business meeting to consider an original resolution authorizing expenditures by the committee during the 119th Congress; to be immediately followed by a hearing to examine eliminating waste by the foreign aid bureaucracy. Feb 13th, 2025 at 09:00 am
Homeland Security and Governmental Affairs Committee
Transcript Highlights:
- The United States should not be the sugar daddy for the entire world, especially not for countries and
- That's waste and fraud, Mr. Chairman. Thank you.
- So you see them participating in effectively regime change operations in the United States.
- especially here in the United States? Sure, I'm happy to talk about that.
- The last time of serious reform in the United States was, of course, in the mid-1970s.
Keywords:
fiscal responsibility, government waste, foreign aid, funding resolution, legislative oversight
Summary:
The committee meeting addressed government spending and foreign aid, with a particular emphasis on perceived wasteful expenditures. A significant portion of the meeting was dedicated to discussing a funding resolution for the committee, which received unanimous support from the members present. The chair noted a quorum at the beginning of the meeting, signaling that the committee was ready to conduct its business. Discussions highlighted ongoing debates concerning fiscal responsibility and the necessity of legislative oversight, notably regarding foreign aid allocations and their implications for domestic fiscal health.
MN
Minnesota 2025-2026 Regular Session
Committee on Human Services - 03/11/26
Health and Human Services
Transcript Highlights:
- <00:05:00.440>
and <00:05:00.600>the fraud and the fraud and the and<00:05:01.720>the - billing, documentation, fraud billing, documentation, fraud prevention,<00:24:21.640>
and - That's leading to fraud.
- with this fraud crisis. with this fraud crisis.
- That's leading to fraud. That's leading to fraud.
MN
Minnesota 2025-2026 Regular Session
House Environment and Natural Resources Finance and Policy Committee 3/3/26
Environment and Natural Resources Finance and Policy
Transcript Highlights:
- grant unit. grant unit.
- , know with all the concern about fraud, know with all the concern about fraud, uh<00:19:18.720><
- waste, fraud, and abuse is on our minds. waste, fraud, and abuse is on our minds.
- <00:25:52.720>
um had any documented cases of fraud um had any documented cases of fraud um - we've discovered any instance of fraud we've discovered any instance of fraud and<00:26:15.760><
Keywords:
natural resources, environment, sustainability, conservation, outdoor recreation, land acquisition, real property, trust fund, commissioner approval, Department of Natural Resources, DNR, conservation easement, land purchase, state land, public lands, property acquisition, value assessment, tax assessed value, Metropolitan Council, Board of Water and Soil Resources
MN
Minnesota 2025-2026 Regular Session
Minnesota House passes the omnibus state government finance and elections bill, SF3045 5/1/25
Minnesota House Floor Meeting
Transcript Highlights:
- It also maintains the core functions by including the full expansion of the Medicaid fraud control unit
- <01:15:31.120>
So the Medicaid fraud control unit. So the Medicaid fraud control unit. - in our Medicaid control fraud prevention unit or the prosecutors or the investigators.
- in our Medicaid control fraud prevention unit or the prosecutors or the investigators.
- <01:30:28.960>
hopefully fraud control unit and haven't hopefully fraud control unit and haven't
NH
Transcript Highlights:
- Hampshire or United States constitutions Hampshire or United States constitutions they<00:07:44.440><
- ><00:08:02.599>
the <00:08:02.680>United <00:08:02.960>States Amendment of the United - <00:09:27.120>
States Amendment to the United States Amendment to the United States Constitution - I'd like to just touch on the fraud I'd like to just touch on the fraud question<01:21:58.280>
- <01:22:06.320>
identified are the fraud cases that are identified are the fraud cases that - <01:22:06.320>
MN
Minnesota 2025 1st Special Session
House Floor Session 5/1/25 - Part 2
Minnesota House Floor Meeting
Transcript Highlights:
- <01:45:07.520>
So, the Medicaid fraud control unit. So, the Medicaid fraud control unit. - c> fraud prevention unit um or the fraud prevention unit um or the prosecutors<01:54:11.280>
or <02:00:05.199>hopefully fraud control unit and haven't hopefully fraud control unit and haven't - >
all <02:06:32.480>agree Medicaid fraud unit, which we all agree Medicaid fraud unit, - And in the Medicaid fraud control unit.
HI
Hawaii 2026 Regular Session
JHA Public Hearing - Tue Mar 24, 2026 @ 2:00 PM HST
Judiciary & Hawaiian Affairs
Transcript Highlights:
- comments regarding we really appreciate our partnership with all of the states and their fraud units
- 55.040>
fraud <01:24:55.880>and constitute insurance fraud and constitute insurance fraud - So, the fraud<01:25:48.440>
branch <01:25:48.880>does fraud branch does fraud branch does - <01:25:59.600>
fraud. - <01:28:11.880>
units all of the states and their fraud units all of the states and their fraud
Summary:
The committee heard testimony on SB 83, which would require hotel keepers to give adequate notice of service disruptions to guests and third-party vendors. The Department of Commerce and Consumer Affairs Office of Consumer Protection supported the bill but asked for amendments to restore remedies and add a nonwaiver provision, arguing that without penalties the measure would lack consequences and that consumers should not be able to waive the notice rights. Supporters, including Unite Here Local 5 and individual testifiers, said guests deserve transparency and meaningful recourse when disruptions occur, especially for labor disputes, construction, or other service interruptions that affect the experience they paid for.
Hotel industry representatives, including the American Hotel and Lodging Association, the Hawaii Hotel Alliance, and hotel workers/testifiers, opposed the bill in its current form while offering amendments. They said the measure was too broad, difficult to implement, and could interfere with collective bargaining, third-party booking systems, and existing contracts. They also argued that some disruptions are not easily known in advance and that the bill unfairly singles out hotels compared with other industries. One testifier emphasized that notice should be required only for actual, known disruptions rather than potential events, and another raised concerns about applying the bill to properties not directly involved in a labor dispute.
After the SB 83 testimony, the committee moved on to SB 2798, which would make permanent and expand statewide the agricultural enforcement pilot program created in 2025 and rename it the agricultural enforcement program. The chair introduced the measure and called on the Hawaii Department of Agriculture and Biosecurity as the first testifier, but the transcript excerpt ends before testimony or any vote on SB 2798.
KY
Kentucky 2025 Regular Session
Medicaid Oversight and Advisory Board (12-10-25) - Part 2
Transcript Highlights:
- So, in general, Medicaid fraud control units, there are 53 units that we have: one in each state, and
- Every single Medicaid fraud unit is a law enforcement agency unit. deputy director.
- Every single Medicaid fraud unit well.
- DMS also facilitates stand-down list inquiries from the MCOs to the Medicaid Fraud Control Unit.
- One is the list of the active Medicaid Fraud Control Unit investigations.
Summary:
The Medicaid Oversight and Advisory Board reconvened and heard a presentation from the Attorney General’s Office Medicaid Fraud and Abuse Control unit. AG staff described the unit’s structure and work: it investigates and prosecutes Medicaid provider fraud, and also handles abuse, neglect, and exploitation cases involving vulnerable adults in facility settings when asked to assist. They said the office has prosecutors, detectives, auditors, and support staff, works with federal partners, Commonwealth’s attorneys, CHFS, DMS, OIG, and MCOs, and uses a hotline and referral line for complaints. They also explained the MCO referral process, including monthly meetings, stand-down lists, and review of referrals for a “credible allegation of fraud” before the AG office decides whether to open a criminal or civil investigation.
The presentation focused heavily on current fraud trends. Staff said behavioral health is a major concern, along with participant-directed waiver services, medically assisted treatment, cash billing for services, controlled-substance billing, and vision and dental fraud. They gave examples such as duplicate time sheets for family caregivers, questionable Suboxone counseling and urine drug screening practices, and a prior optometry case involving false claims for children’s glasses. They also discussed CMS’s estimate that about 5% of Medicaid payments are improper, noted that most improper payments are at the fee-for-service level, and said there is no reliable overall fraud-rate estimate. They highlighted a sharp shift in behavioral health billing after the cabinet’s November 1, 2024 policy changes, saying individual psychotherapy spending dropped while group billing increased, suggesting providers may have moved billing to different codes.
Members asked about the scale and timing of cases, how MCO referrals are screened, and whether the data reflected more people being served or just higher spending. The AG office said investigations can take years, with some federal cases still awaiting sentencing from 2018 and 2019 matters, and that they currently had nine individuals awaiting sentencing in federal court. They also reported 58 hotline reports during the referenced period, six cases opened from MCO referrals, and four additional MCO referrals not accepted for active cases. Several members raised concerns about home-based services and the risk of abuse or fraud when family members are reimbursed, and asked whether the process could be streamlined; the AG office said it had no immediate recommendations but would be willing to return with suggestions after further review.
MN
Minnesota 2025-2026 Regular Session
State Committee Meeting - 2026-04-09
State Government Finance and Policy
Transcript Highlights:
- United States. United States.
- Lines 2.1, it increases the funding for the state's Medicare Fraud Control Unit, adding $1.231 million
- Control Unit, or MFCU, to account for almost tripling of the number of fraud referrals to MFCU that
- The Medical Fraud Control Unit is a unit within the Attorney General's Office that investigates and prosecutes
- <00:57:07.080>
control <00:57:07.560>unit Medicare fraud control unit Medicare fraud
Keywords:
Central and Eastern European Affairs, ethnic council, advisory council, Minnesota state government, immigrant communities, refugees, humanitarian parolees, Ukraine, Poland, Croatia, Hungary, Moldova, Romania, Serbia, Czech Republic, Baltic states, Slovakia, Slovenia, Kosovo, Russia
Summary:
The committee first approved the April 7, 2026 minutes and then held an informal hearing on House File 4364, which would establish a Central and Eastern European Ethnic Council in Minnesota. Representative Jordan and testifiers Mykola Mager and Julia Miller described the large Central and Eastern European community in Minnesota, its contributions to the state, and the need for a formal advisory body to help address barriers to government services, support refugees, workforce development, entrepreneurship, and cultural understanding. Members expressed general support and noted the bill’s importance, but no formal action was taken on the bill during the hearing.
The committee then took up House File 4543, a bill to create a centralized payroll reporting portal for prevailing wage projects. Representative Frazier said the bill would reduce administrative burden on project owners, improve transparency and accountability, and help prevent wage theft, misclassification, tax fraud, and insurance fraud. Testifiers from county, city, and contractor groups largely supported the idea of streamlining reporting, but contractor representatives raised concerns about employee data privacy, public access to sensitive payroll information, duplication of existing systems, interoperability with contractor software, and the need for stakeholder engagement. Members echoed both support and caution, and the bill was laid over as amended rather than advanced.
Finally, the committee considered House File 4821, described by Chair Klevorn as addressing the “penny problem” and a related change to high-deductible insurance plans. The bill would authorize state agencies to round cash transactions because of the penny shortage and would change MMB’s obligation to offer certain high-deductible health plans from “must” to “may,” producing modest administrative savings. Members questioned the drafting of the rounding language and asked about cash transactions at state agencies and the handling of cannabis tax payments. The chair noted the bill had missed the deadline and would be caught by the chief clerk’s office; the discussion ended with the bill being laid over as amended.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Ways and Means Jun 21st, 2026 at 11:00 am
Joint Committee on Ways and Means
Transcript Highlights:
- But DTA did do its part with respect to their fraud unit that they have in referring roughly 1,700 of
- Fraud potentially.
- of fraud, right?
- Cases of fraud.
- The Department of Transitional Assistance, like I said, they have a fraud unit, so if we uncover things
Summary:
The joint budget hearing opened the FY27 budget process with remarks from the Senate and House Ways and Means chairs, who described the fiscal outlook as challenging because of slow revenue growth, rising health care and other costs, and uncertainty from federal policy changes. Governor Healey and Secretary of Administration and Finance Matthew Gorzkowicz then presented House 2, a $62.8 billion budget that they said grows by about 1% and does not raise taxes or fees. They emphasized affordability, fiscal discipline, protection of core services, and continued investment in education, transportation, housing, child care, health care, and public safety. The administration also discussed a separate bill to delay and phase in certain federal tax-code changes from the so-called OB3 law, especially research and experimental expense provisions, to reduce immediate budget impacts and preserve competitiveness.
A major portion of the hearing focused on education and municipal aid. The administration said House 2 provides about $7.6 billion for Chapter 70 aid, fully funds the final year of the Student Opportunity Act, increases special education circuit breaker funding, and raises rural school aid. Senators and representatives from both parties raised concerns that Chapter 70 and other aid formulas are not equitable for small, rural, and low-wealth communities and are not keeping pace with inflation, and several called for broader review of the formula and related funding streams. The governor and secretary said they are open to further discussion, pointed to additional support through rural aid, special education, transportation reimbursements, and minimum aid, and said total Student Opportunity Act investment would reach about $2.1 billion over the life of the law.
Transportation, housing, and fair share spending were also central topics. The administration said fair share revenues are being used holistically, with education-heavy spending in the operating budget and transportation-heavy spending in the supplemental budget, and estimated the overall split to date at roughly 57% education and 43% transportation. They highlighted MBTA stabilization, regional transit authority support, microtransit, fare-free regional transit, and bridge and commuter rail investments, while noting the MBTA remains a major fiscal concern. On housing, the governor stressed production, permitting reform, ADUs, down-payment assistance, and support for public housing authorities, while lawmakers pressed for more funding for local housing authorities and for ways to address out-migration, energy costs, and affordability. The governor also said the administration will not withhold fire safety grants from communities over MBTA Communities Act noncompliance and will handle such issues case by case. No votes were taken at the hearing; it was an informational presentation and question-and-answer session.
MN
Minnesota 2025-2026 Regular Session
House Floor Session - part 2 Apr 29th, 2025
Minnesota House Floor Meeting
Transcript Highlights:
- trying to do is to prevent fraud here.
- We would not let any more fraud happen.
- Let's address the fraud.
- We're talking about fraud. We've talked about fraud a lot this year and how we stop it.
- Regarding the idea of fraud prevention, we need a functional legal mechanism to prevent Fraud.
MN
Minnesota 2025 1st Special Session
House Children and Families Finance and Policy Committee 2/19/25
Children and Families Finance and Policy
Transcript Highlights:
- <00:52:47.359>
at created a CCAP investigations unit at created a CCAP investigations unit - that we would refer to the fraud unit to address, with our program integrity staff there too.
- <00:55:37.920>
or necessarily an indication of fraud or necessarily an indication of fraud - fraud that we would refer to the fraud fraud that we would refer to the fraud unit<00:56:26.680>
- there's a credible allegation of fraud there's a credible allegation of fraud they<01:14:07.120>
HI
Hawaii 2025 Regular Session
CPC Info Briefing - Wed Dec 3, 2025 @ 10:00 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- Fraud Watch Network. ARP has a fraud network. We have volunteers who are trained.
- thing is if you sign up for the Fraud thing is if you sign up for the Fraud Watch<00:39:42.960><
- <01:17:33.920>
scams through impact of why top fraud scams through impact of why top fraud - That is a fraud. So, never believe you. That is a fraud.
- If you was fraud, call immediately.
Summary:
The committee held an informational briefing on fraud in the community, with presenters from ARP, CoinFlip, HPD, the Hawaii Bankers Association, DCCA’s Office of Consumer Protection, and the Department of Law Enforcement. The chair described widespread scams targeting kupuna and other residents, including impersonation of grandchildren, lottery/inheritance schemes, romance scams, online shopping fraud, investment scams, and tech-support scams. Members emphasized the emotional manipulation used by scammers, the difficulty of getting victims to report losses, and the need to educate the public on warning signs and available resources.
ARP said scams are an epidemic and highlighted national data showing major losses among older adults, including $4.8 billion lost by people age 60 and over in 2024. ARP focused especially on cryptocurrency kiosks as a growing scam channel in Hawaii, citing 64 complaints totaling $922,000 in 2024 and noting that complaints nearly doubled from the prior year. ARP urged stronger safeguards such as limits on transactions, refunds, live customer support, and a law-enforcement contact for operators, and said its Fraud Watch Network can help victims freeze credit, identify next steps, and track current scams. The chair said he intends to introduce legislation to lower and ultimately eliminate the amount of Bitcoin that can be purchased through ATMs.
CoinFlip said it supports consumer-protection regulation and described its compliance practices, including scam warning screens, anti-money-laundering controls, blockchain analytics, wallet pinning, transaction monitoring, and cooperation with law enforcement. The company said it is registered as a money services business, files suspicious activity and currency transaction reports, and holds money transmitter licenses in many jurisdictions. It also pointed to Illinois-style refund protections for new users and said it refunds fees to scam victims, though not the underlying funds. In response to committee questions, members and the company discussed whether crypto kiosks are necessary, how scams can be traced, and whether banks and kiosks can better intervene when suspicious activity is detected.
AR
Arkansas 2026 Regular Session
INSURANCE & COMMERCE - SENATE AND HOUSE Feb 13th, 2026
Transcript Highlights:
- Some of the costliest fraud categories in that report were investment fraud, business email compromise
- It tells where you can report fraud if you have been a victim of online fraud with the FBI.
- Fraud is ever evolving and hard to detect, especially when it comes to mortgage and real estate fraud
- This volume of fraud continues to increase, and you heard several instances of different types of fraud
- In 2016, the FBI estimated there was $80 billion in insurance fraud occurring throughout the United States
Summary:
A joint House-Senate Insurance and Commerce meeting focused on the growing threat of financial fraud in Arkansas, with members and witnesses describing scams targeting seniors, small businesses, and working families. The committee first approved the November 3, 2025 minutes, then heard from the Arkansas Bankers Association, the American Bankers Association, banks, the Attorney General’s Consumer Protection Division, the Arkansas Mortgage Bankers Association, the State Bank and Securities Department, the Insurance Department, and AARP. Witnesses described common schemes including spoofed bank calls and texts, government imposter scams, romance and investment scams, business email compromise, fake job postings, gift card scams, check fraud, wire fraud, reverse mortgage scams, identity theft, and insurance fraud. Several witnesses emphasized that cryptocurrency kiosks and crypto transfers make recovery difficult or impossible, and that artificial intelligence is making scams more convincing and scalable.
Witnesses repeatedly stressed education, verification, and coordination among banks, law enforcement, regulators, and consumers. Bank and mortgage representatives urged consumers to slow down, independently verify wire instructions, avoid clicking unexpected links, use tap-to-pay rather than chip or swipe when possible, and never share account credentials or one-time codes. The Attorney General’s office said it investigates consumer complaints, mediates disputes, works with social media platforms to remove scam ads, and recently created a Financial Fraud Task Force with bankers and other stakeholders. The State Bank and Securities Commissioner highlighted the Safe AR Act, the state’s crypto kiosk framework, and fraud education efforts such as “fraud bingo,” while the Insurance Department described its law-enforcement role and a range of insurance-related fraud schemes it prosecutes. AARP said fraud is widespread and underreported, especially among older adults.
Members asked about reporting scams, how losses are handled, whether tap is safer than chip, how crypto fraud works, whether Arkansas has model legislation to address telecom and social media impersonation, and how local law enforcement and state agencies coordinate investigations. Witnesses said banks generally absorb much of the financial loss under federal rules, while consumers bear the inconvenience and account changes. Several witnesses said Arkansas should consider additional legislation to hold telecom companies and social media platforms accountable for spoofed caller IDs and impersonation ads, and one witness said a federal Scam Act is moving in Congress. No additional votes or formal actions were taken beyond approval of the minutes, but witnesses agreed to share consumer education materials and model legislation with committee staff.
AR
Arkansas 2026 1st Special Session
INSURANCE & COMMERCE - SENATE AND HOUSE Feb 13th, 2026
Transcript Highlights:
- Some of the costliest fraud categories in that report were investment fraud, business email compromise
- If there is any elder financial exploitation geared toward any type of Medicaid fraud, we do have a unit
- It tells where you can report fraud if you have been a victim of online fraud with the FBI.
- fraud expressed here today.
- In 2016, the FBI estimated there was $80 billion in insurance fraud occurring throughout the United States
Summary:
A joint House-Senate Insurance and Commerce meeting focused on the growing threat of financial fraud in Arkansas, with members hearing from bankers, the Attorney General’s office, the state bank and securities commissioner, the insurance department, AARP, and mortgage industry representatives. Witnesses described fraud as increasingly organized, technology-driven, and often transnational, with common schemes including spoofed bank calls and texts, fake websites and social media impersonations, business email compromise, gift card and wire scams, crypto kiosk fraud, check fraud, and mortgage/real estate fraud. Several witnesses emphasized that seniors are disproportionately targeted and that losses are often underreported because victims feel embarrassed or do not know where to report incidents.
Testimony highlighted both state and national responses. Bankers and regulators pointed to Arkansas’s 2025 actions on crypto ATMs and elder-fraud education, including training for gift-card sellers and safe-harbor protections for banks under the Safe AR Act. The Attorney General’s Consumer Protection Division described its complaint process, a new financial fraud task force, and examples of recovered funds, including quick recoveries from Bitcoin kiosk scams and wire fraud cases. The American Bankers Association and others urged stronger accountability for telecoms and social media platforms, citing spoofed caller ID, impersonation ads, Section 230 issues, and the need for a national scam-prevention strategy or federal office. Artificial intelligence was identified as a major emerging risk because it can generate convincing scam emails, websites, and impersonation content at scale.
Members asked about reporting procedures, whether banks reimburse fraud losses, how crypto affects recoverability, the safety of tap-to-pay versus chip use, and whether public online records contribute to fraud. Witnesses generally advised victims to report scams through the proper channels, avoid clicking links or responding to suspicious messages, and verify requests independently by contacting institutions directly. The committee also heard that banks and regulators are already sharing information and educating consumers, but that more legislative and cross-agency action may be needed. No formal vote or bill action was taken beyond approval of the November 3, 2025 minutes.
MN
Minnesota 2025-2026 Regular Session
November 2025 State Budget and Economic Forecast Presentation - 12/04/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- money lost to fraud? money lost to fraud?
- That's what I support is getting to the bottom of the fraud, holding those causing fraud and doing fraud
- That's what I support is getting to the bottom of the fraud, holding those causing fraud and doing fraud
- <01:18:44.480>
and fraud, holding those causing fraud and fraud, holding those causing fraud - Every single dollar of fraud that fraud.