1. Short title
This Act may be cited as the “Edith Shorougian Senior Victims of Fraud Compensation Act”.
Edith Shorougian Senior Victims of Fraud Compensation Act
A BILL
To amend the Victims of Crime Act of 1984 to provide for the compensation of elderly victims of property damage, to provide increased funding for the crime victim compensation fund, and for other purposes.
2. Compensation for elderly victims of financial fraud
Section 1403(d) of the Victims of Crime Act of 1984 (34 U.S.C. 20102(d)) is amended—
in paragraph (1)—
by striking “include damage” and inserting the following:
“(A) damage”
by adding at the end the following:
“(B) damage to or loss of property of elderly victims of financial fraud, abuse, or exploitation;”
in paragraph (3), by striking “and” at the end;
in paragraph (4), by striking the period at the end and inserting “; and”; and
by adding at the end the following:
“(5) the term elderly victim means a victim who is not less than 60 years of age.”
3. Addition to crime victims fund
Section 1402(b) of the Victims of Crime Act of 1984 (34 U.S.C. 20101(b)) is amended—
in paragraph (4), by striking “and” at the end;
in paragraph (5), by striking the period at the end and inserting “; and”; and
by adding at the end the following:
“(6) any monetary payment made to the United States Government as a fine or penalty under, in relation to an alleged criminal act—
“(A) a deferred prosecution agreement;
“(B) a non-prosecution agreement; or
“(C) any other settlement agreement.”