The Iowa Insurance Division has launched a new anti-fraud program to help Iowans protect their money.
The program is called Iowa Fraud Fighters – Shield Your Savings. It comes in response to a wave of new cons targeting senior citizens. The program aims to raise their financial literacy.
Insurance Commissioner Nick Gerhart says in a news release that “many smart Iowans have fallen victim to these very slick and sophisticated investment scammers.”
The Des Moines Register reported the agency will hold an educational forum on Sept. 24 in Cedar Falls, followed by five others around the state.
The centerpiece of the program is the IowaFraudFighters.gov website. It’s a clearinghouse for consumer information about spotting fraud and gaining access to resources such as the national do-not-call telemarketing registry.
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