CHIEF BARKSDALE: Thank you, Mr. President, Vice President Pence. It's a pleasure to be here today to speak about some of the work that we're doing at the Postal Inspection Service to address transnational elder fraud. Protecting our elders and our veterans is one of the highest priorities of our mail fraud program, especially now, as we're starting to see fraudsters take advantage of the coronavirus (inaudible) to incorporate that into some of their schemes. As Attorney General Barr mentioned, one of our key strategies is to attack the money mules, as he said. The money mules is really how the fraudsters get the money from the U.S. to their overseas accounts. Victims typically send money through the mail. Other assignment carriers, like FedEx or UPS, sometimes they ask the victims to wire-transfer the money, and oftentimes, we see them asking them to buy gift cards and send it to the money mules. The money mules, in turn, then send the money overseas. So we see the money mules as a crucial link to disrupt if we want to be effective in this type of fraud. We've had some significant enforcement efforts. We also have some prevention efforts and some private sector engagement. One of our primary strategies - the center of our primary strategy is we partner with the Department of Justice, as Attorney General Barr mentioned, the Transnational Elder Fraud Strike Force. We've embedded postal inspectors at the department to work hand in hand with trial attorneys to bring some of these cases to justice. We have 17 field divisions who I've asked to collaborate with the 93 U.S. Attorney's Offices and their Elder Justice coordinators on elder fraud investigations. And we've conducted significant enforcement efforts this past year dealing with the money mules. Just some of the stats: We've initiated, this year, over 100 investigations. These cases are associated with nearly $450 million in victim losses. We've also served over 2,000 unlicensed money transmitter warning letters to suspects, and, working with the Department of Justice, issued 34 civil injunctions. Seventeen arrests from those cases. We've also seized over $650,000. Also, as the Attorney General mentioned, the annual money mule initiative that we work in coordination with the FBI, HSI, and Secret Service, and some of our other financial partners - in addition to the 400 indictments he mentioned, law enforcement halted the conduct of more than 600 money mules. So in cases where we didn't arrest, we served them letters and put them on notice to stop the bad action. Another example of recent success: In November of this past year, a Jamaican national was sentenced to over four years of federal prison and ordered to pay over a half-million dollars in restitution to elderly lottery scam victims. We're also holding accountable the money service providers for their role in helping send fraud victims' funds overseas. Companies like Western Union and MoneyGram, working with the Department of Justice, received — had actions for settlements well over $100 million. Our goal here, Mr. President, is really to try to get some of the money back to the victims. Since March of 2020, working with DOJ and our other federal partners, we've returned over $150 million to victims, which was over 109 fraud victims. Prevention is a big part of our strategy. And, honestly, we'd rather educate, prevent a crime, before actually a crime occurs. So we've put a lot resources into coming up with a platform. We built our website. We have printed material. And we're starting to utilize social media, working with the Department of Justice. And I'd just mention briefly - the last thing I'll just mention, Mr. President, is: Also, we're engaging the large banks to update their practices and to do their part in preventing the elder fraud. I'd like to thank you for broadening the awareness and making this one of the priorities of the administration. Thank you. THE PRESIDENT: Thank you very much. Appreciate it. Thank you.