Iowa Insurance Commissioner Nick Gerhart recently announced that the Iowa Insurance Division (IID) is bringing the statewide “Iowa Fraud Fighters – Shield Your Savings” (www.IowaFraudFighters.gov) public education program to the Mid-America Conference Center, located at One Arena Way in Council Bluffs on June 11. The program will educate and empower Iowans to combat and report investment and insurance fraud.
“Con artists are targeting Americans age 60 and older, swindling more than 5 million Americans out of almost $3 billion each year,” said Commissioner Gerhart. “Unfortunately, many smart people have fallen victim to these very slick and sophisticated investment scammers, and some have lost their entire life savings.”
Registration begins at 11:30 a.m., lunch is served at noon and the program concludes at 1:30 p.m. To RSVP for the complimentary luncheon program, call toll-free at (866) 559-7114 or fill out the online form at www.IowaFraudFighters.gov by June 4. This free event is limited to the first 200 respondents and is funded partly from fines and settlements collected from scammers. Complimentary valet parking is provided.
All are encouraged to visit www.IowaFraudFighters.gov to learn about common investment and insurance scams and discover tips and tools to prevent fraud. The site includes answers to frequently asked questions and a checklist of information to gather from investment advisers to verify the legitimacy of the offer and the investment adviser.