New York state laws against sophisticated frauds such as cybercrime and elder financial abuse need to be modernized and better aligned with laws in other states and the federal government, a task force led by New York local prosecutors has recommended. The recommendations are the result of the first comprehensive examination of New York's white-collar crime laws since 1986, New York County (Manhattan) District Attorney Cyrus R. Vance Jr. said of the task force's work. "The last time our state legislature took a purposeful look at white collar laws was more than a quarter century ago, before smartphones, the Internet, social media or the explosion of e-commerce. In addition, fraud and public corruption schemes have grown more intricate and sophisticated. State laws have simply not kept pace with technological and other advancements, greatly impeding the ability of local prosecutors to combat these crimes. … [Moreover], a cyber-swindler who schemes to defraud his victims out of $2,000
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