Resolution to study policies aimed at preventing financial fraud and scams

HCR 99 is a legislative resolution requesting the Joint Standing Committee on the Judiciary to study policies preventing financial fraud and scams in West Virginia. It directs the committee to examine current state laws, review national approaches, and focus on four key areas: reducing robocalls and spoofing, addressing cryptocurrency-related scams (noting $1.4 million in losses in 2023), improving victim restitution, and protecting against property title fraud. The resolution cites data showing 8,000 West Virginians lost $27 million to fraud in 2024, with national losses exceeding $12.5 billion. The committee must report findings and recommendations to the legislature, governor, and attorney general by December 31, 2025. This is a study resolution, not a law, and does not create immediate policy changes.