This legislation establishes a national strategy to combat scams by directing the Director of the Federal Bureau of Investigation (FBI) to assemble a working group within 90 days of enactment. This group will include representatives from over a dozen federal agencies, such as the Federal Trade Commission, Consumer Financial Protection Bureau, and Departments of Health and Human Services, State, and Treasury, to ensure a coordinated federal response. The working group is tasked with developing a comprehensive National Strategy for Combating Scams, incorporating feedback from a wide array of community stakeholders, including scam survivors, older adults, law enforcement, and businesses. A key provision requires the strategy to establish a common definition of "scam" for use by the FBI, FTC, and CFPB, along with an analysis of its implications. The strategy will evaluate scam risks, identify evidence-based prevention methods, and define agency roles and responsibilities. It also mandates plans for improving consumer complaint reporting, deconflicting overlapping jurisdictional authorities, and enhancing data collection and aggregation across federal agencies, potentially utilizing artificial intelligence for data synthesis. Furthermore, the strategy must outline ways to increase coordination between federal and private sectors, including rapid data sharing and preemptive enforcement actions, and establish coordinated rapid response protocols for public warnings. It will also address coordination with State, local, and Tribal governments, international partners for cross-border enforcement, and support for victim recovery. Within one year of its establishment, the working group must submit the strategy to Congress and make it publicly available. The FBI, FTC, and CFPB are required to adopt the common definition of "scam" within one year of the strategy's publication. The strategy will be updated at least every five years to incorporate new feedback and refine the definition, ensuring an adaptive and effective national approach to combating scams.