Idaho governor signs bill to protect seniors from scams

BOISE, Idaho — Governor Brad Little has signed House Bill 323, a new law aimed at protecting Idaho's seniors from scams. The legislation allows the financial industry to pause payments if any suspicious activity is detected.

According to the Idaho AARP, there were over 18,000 reported scam cases last year, resulting in more than $53 million in losses in Idaho. The organization emphasized the importance of the new measure, stating, "By allowing a temporary pause to be placed on suspicious transactions, Idaho can take additional steps to ensure that the money saved for retirement is intended for its original purpose, and that victims of fraud won’t have to rely on Social Security and state programs for their care."

The law is set to take effect on July 1.