Ryan Gruenenfelder, Fraud Awareness, Illinois 2012

Chicago, IL – April 17, 2012 – The Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), and AARP announced a co-sponsored seminar aimed at educating the public on avoiding investment fraud. The event, titled "Avoiding Fraud is Your Best Money Strategy," is scheduled for April 26th at the AARP Illinois office in Chicago.

The seminar is part of Money Smart Week Chicago, a financial education initiative coordinated by the Federal Reserve Bank of Chicago. Representatives from the CFTC and NFA will present information on identifying red flags and protecting oneself from financial scams.

Ryan Gruenenfelder, Associate State Director for AARP Illinois, highlighted the vulnerability of older Americans to financial predators, emphasizing the importance of preventative education. CFTC Chairman Gary Gensler stated the agency’s commitment to protecting investors and maintaining market integrity. NFA Senior Vice President Karen Wuertz echoed this sentiment, stressing the accessibility of preventative measures.

While the announcement focuses on preventative measures and education, it underscores the ongoing threat of investment fraud impacting individuals across all demographics. The seminar aims to equip attendees with practical tools to avoid becoming victims of financial exploitation. Interested individuals can pre-register for the free seminar by calling (312) 458-3607.

No penalties or financial amounts were assessed in this announcement, as the event is preventative in nature. Further information on anti-fraud efforts is available through the CFTC, NFA, and AARP websites.

Source: CFTC.gov

Source: https://www.cftc.gov/PressRoom/PressReleases/6233-12