FFETF Establishes New Financial Fraud Website

DOJ announces here a new website called Stopfraud.govhttp://www.stopfraud.gov/ established by the Financial Fraud Enforcement Task Force ("FFETF"). The press release touts the FFETF as "the broadest coalition of law enforcement, investigatory and regulatory agencies ever assembled to combat fraud" but urges citizens to do their part. FFETF includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The website offers information to the citizenry about how to identify and report financial fraud, as well as news of enforcement activities related to financial crimes. According to the web site: "Financial Fraud encompasses a wide range of illegal behavior - from mortgage scams to Ponzi schemes, credit card theft to tax fraud. Everyone is affected by financial fraud."