You can bet politicians will never feel the pain of this fraud. They are VIPs so they have a staff of assistants who "handle" these things. That and the fact that the ones that should feel the pain (banks and lenders) are campaign donors means that things will not change.
A point that supports this. Friend of mine worked for a high wealth person. One day their company website went down. Because it turned out they forgot to renew it and it was now in the hands of a squatter. When the boss asked asked to approve paying $X to the squatter to get the site back he said no. Made a phone call and the site was back up 10 minutes later.