AB 83 protects seniors from scammers.
More than $3 billion is lost annually due to financial exploitation of seniors in the U.S., and one in 10 seniors will experience financial fraud. This bill empowers banks to stop suspicious transactions and alert trusted contacts when fraud is suspected. Existing laws are reactive, but AB 83 prioritizes prevention, education, and stronger protections.
By passing AB 83, we empower financial institutions prevent devastating losses for California’s seniors.
Join the coalition: California Alliance to Protect Seniors
Download the fact sheet: AB 83 fact sheet
