The No More SCAMS Act establishes a new Federal Fraud Interagency Task Force to investigate fraud involving federal spending, coordinate anti-fraud efforts across government agencies, and recover misused taxpayer funds. The President must appoint a Director within 180 days who has at least 10 years of fraud investigation or federal law enforcement experience, along with subject matter experts from major agencies including the Departments of Defense, Health and Human Services, Education, and Veterans Affairs. The Task Force will investigate fraud allegations, work with state and local law enforcement, develop fraud prevention training, and share information across agencies to streamline investigations. Beginning one year after the law takes effect, the Task Force Director must submit annual reports to Congress detailing investigations initiated, cases referred for prosecution, recovered funds, and trends in fraud by sector, while the Government Accountability Office will independently audit the Task Force's operations each year.
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