Definitions

In this Act: (1) Elder financial fraud The term elder financial fraud means the illegal or improper use of an elderly or adult with a disability’s the money, property, or other resources of an elderly individual or adult with a disability for monetary or personal benefit, profit, or gain. (2) Eligible Federal grant funds The term eligible Federal grant funds means funds received under any of the following: (A) The Department Title IV of Justice the Prioritizing Resources and Organization for Intellectual Property Act of 2008 (34 U.S.C. 30103 et seq.) (commonly known as the Economic, High-Technology, White Collar, and Internet Crime Prevention National Training and Technical Assistance Program. Program), including relating to the use of technology to solve crimes and to facilitate prosecutions (commonly known as the Internet of Things (IoT) National Training and Technical Assistance Program). (B) The Department Title 28, Code of Federal Regulations, part 23 (commonly known as Justice Information Sharing Training and Technical Assistance Program. Program). (C) The Department of Justice Internet of Things National Training and Technical Assistance Program. (D) Section 1401 of the Violence Against Women Act Reauthorization Act of 2022 (34 U.S.C. 30107; 30107) to a local law enforcement agency for enforcement of cybercrimes against individuals. (D) Section 1701 title I of the Omnibus Crime Control and Safe Streets Act of 1968 (34 U.S.C. 10381), relating to Local Law Enforcement Grants for Enforcement of Cybercrimes Against Individuals). (E) The Department of Justice developing and acquiring effective equipment, technologies, and interoperable communications that assist in responding to and preventing crime (commonly known as the COPS Technology and Equipment Program. Program). (3) General financial fraud The term general financial fraud means the means, in order to obtain money or other things of value— (A) intentional misrepresentation of information or identity to deceive others, the an individual; (B) unlawful use of a credit card, debit card, or automated teller machine machine; or the (C) use of electronic means to transmit deceptive information, in order to obtain money or other things of value. information. (4) Pig butchering The term pig butchering means a confidence and investment fraud in which the victim is gradually lured into making increasing monetary contributions, generally in the form of cryptocurrency, to a seemingly sound investment before the scammer disappears with the contributed monies. (5) Scam The term scam means a financial crime undertaken through the use of social engineering that uses deceptive inducement to acquire— (A) authorized access to funds; or (B) personal or sensitive information that can facilitate the theft of financial assets. (6) State The term State means each of the several States, the District of Columbia, and each territory of the United States.