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ZN
Zachary Nunn
Republican¡Iowa

🚨 Stopping the Scammers

Late last year, I heard a story about a 69-year-old Iowa retiree who believed he’d found a friend online. They talked for months, sharing personal stories and building trust. Then came the pitch : a “safe” crypto investment opportunity. By the time he realized it was a scam, $164,000 of his retirement savings was gone . Zoom in : This type of fraud is known as a “pig butchering” scam, and it’s one of the fastest-growing threats devastating families across Iowa. Stories like his are exactly why I introduced the GUARD Act — bipartisan legislation designed to give local law enforcement the tools they need to hold criminals accountable and protect Iowans’ hard-earned savings. This week, key provisions of the GUARD Act passed the House with strong bipartisan support as part of a major funding package. That package also included top priorities I fought to advance: 💻 Cracking down on crypto scams and cyber-enabled fraud 🏦 Protecting Iowa’s community banks and credit unions 🔒 Strengthening financial system security and combatting illicit threats Why it matters : Local law enforcement, hometown banks, and Iowa communities shouldn’t be forced to fight 21st-century crime with 20th-century tools. These scams are sophisticated, international, and fast-moving. By cutting red tape and equipping our communities with modern enforcement tools, we’re taking the fight straight to the fraudsters and making government work for the people it serves. Bottom Line: Washington should stand with the folks who play by the rules. That’s why we’re fighting for fewer bureaucratic hurdles, reliable fraud enforcement, and stronger protections for every Iowan’s financial future.

Source: https://nunn.house.gov/2026/01/17/%f0%9f%9a%a8-stopping-the-scammers
Captured:
Record ID: 44f818e3-ff58-45b7-8e91-7fcc70818549

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