The proposed bill, General Assembly Proposed Bill No. 13, aims to enhance protections for senior citizens against financial fraud schemes. It mandates the development and implementation of a public awareness campaign specifically designed to educate seniors about various financial fraud tactics, including those conducted via telephone and electronic email.

Additionally, the bill seeks to increase the criminal penalties associated with these financial fraud schemes targeting senior citizens. This legislative effort reflects a commitment to safeguarding vulnerable populations from exploitation and ensuring that perpetrators face more severe consequences for their actions.