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Government Iowa Insurance Division Fraud Bureau Stops $2.28 million in Scams in 6 Months

By State Representative, Thomas Gerhold · August 4, 2026, 7:16 pm

The Iowa Insurance Division provided the following information on July 2, 2026.

Since January 1, 2026, the Iowa Insurance Division’s Fraud Bureau and Senior Financial Exploitation Investigators have achieved the following:

· 211 investigations opened across 96 Iowa communities.

· $77.9 million in reported losses investigated.

· More than $2.28 million stopped in its tracks before reaching scammers.

· $27,721 directly recovered for victims.

· Millions in assets seized for the purpose of victim restitution, including:

o $3.58 million in cryptocurrency

o $1.5 million in real estate

o $300,000 in vehicles

How to Report Fraud

State officials emphasize that early reporting is the single most critical factor in fighting back. It drastically increases the likelihood that investigators can interrupt fraudulent transactions, freeze illegal transfers, preserve vital evidence, and potentially recover stolen funds.

If you or a loved one believe you have been targeted by a scam, report it immediately. For free scam prevention resources or to file a report, visit IowaFraudFighters.gov.

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