Sophisticated criminals are draining tens of billions of dollars from Americans each year through scams that are growing in complexity and frequency. With the aging U.S. population and advancements in technology like AI, fraud has become easier to perpetrate, making it difficult for authorities to catch and convict offenders. Victims, especially older individuals, rarely recover their money lost to various scams like romance scams and technical support fraud. Law enforcement agencies struggle to keep up with the overwhelming influx of fraud cases, many of which originate overseas and involve untraceable funds. The lack of resources, coordination, and reporting means that the scammers continue to thrive, leaving victims devastated and law enforcement frustrated. A unified national strategy involving both industry and law enforcement is crucial to combat the rising tide of fraud and protect vulnerable individuals from falling prey to these increasingly sophisticated schemes.