Fraud isn’t something that just happens to “other people.” It’s happening every day, right here in Iowa — and the numbers are climbing.

In 2024, Iowans lost more than $52 million to financial fraud, across nearly 14,000 reported cases (Business Record). These included imposter scams, identity theft, ATM fraud, and credit card fraud. That’s a 6% increase in just two years — a reminder that scams are not rare, and no one is immune.

These numbers make one thing clear: fraud is not rare — and it can happen to anyone.

The Scams Hitting Iowans the Hardest

• Phishing texts and emails — often pretending to be the Iowa DOT, claiming you owe unpaid tolls or fees.
• Imposter calls — scammers posing as bank representatives, the IRS, Social Security, or even a family member in trouble.
• AI impersonation scams — new technology allows fraudsters to clone voices or create fake video messages.
• Romance and investment scams — criminals build trust online, then pressure victims into fake “opportunities,” often involving cryptocurrency.

How You Can Protect Yourself

The good news: you can take simple, effective steps to lower your risk of becoming a victim.

1. Pause before you act. Fraudsters want to create urgency. Slow down, take a breath, and think it through.
2. Verify independently. Don’t trust phone numbers or links from suspicious texts or emails. Call the company or agency directly using an official number.
3. Watch for red flags. No legitimate organization will ever demand payment via gift cards, wire transfers, or cryptocurrency.
4. Talk it over. If you’re unsure, share the situation with a trusted friend, family member, or your bank before sending money or personal information.
5. Stay informed. Following fraud alerts helps you spot the latest scams before they reach you.

We’re Here to Help

At FSB, we know how stressful and confusing fraud attempts can be. That’s why our team is here to help you double-check anything suspicious. If you ever get a message, call, or email that doesn’t feel right, contact us immediately.

Fraud may be growing, but by staying alert, asking questions, and knowing the warning signs, you can protect both your money and your peace of mind.