US SB2950

Secretary of State must develop within 180 days a comprehensive strategy to counter international scam compounds, primarily in Southeast Asia, where transnational criminal organizations conduct cyber-enabled fraud that caused $13.7 billion in U.S. losses in 2024

Establishes an interagency task force to implement the strategy, conduct monitoring of scam compound operations globally, and submit annual progress reports to Congress; task force terminates after 6 years

Authorizes the President to impose sanctions including asset blocking against foreign persons who materially assist scam compound operations, human trafficking, forced criminality, cyber-enabled fraud, or related money laundering

Requires Attorney General to report within 90 days on challenges to providing financial redress to scam victims and recommend amendments to forfeiture law that would allow seized assets to compensate U.S. citizen victims

Entire Act sunsets 7 years after enactment