Scam Compound Accountability and Mobilization Act

Key Points

• The bill responds to massive financial losses from overseas scam compounds, where criminal groups use trafficked workers to run online fraud schemes targeting Americans.
• The Secretary of State must deliver a global strategy within 180 days of enactment to identify countries that enable scam compounds and countries most affected by them.
• Starting 180 days after enactment, the President can freeze the U.S. assets and block transactions of any foreign person who materially helps run, fund, or provide services to scam compound operations.
• An interagency task force will be created to coordinate enforcement, track scam compound activity, and investigate connections to the Chinese government, operating for up to six years.
• The Attorney General must study whether forfeited criminal assets could be used to financially repay American scam victims, though this only creates a study requirement, not a guaranteed payout program.
• The entire law automatically expires seven years after it is enacted unless Congress renews it.