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April 1, 2024Jefferson City, Mo. |  By: Jeremy Werner

DCI reminds Missourians about financial security

money

JEFFERSON CITY, Mo. - In light of Financial Literacy Month, the Missouri Department of Commerce and Insurance (DCI) is emphasizing the importance of financial security and vigilance against fraud for Missourians.

With scams on the rise, totaling a staggering $10 billion in losses nationwide last year alone, state officials are stressing the necessity of sound money management practices and safeguarding against fraudulent activities.

To combat fraud, Missourians are advised to protect personal information rigorously and verify the legitimacy of websites and communications.

The Consumer Financial Protection Bureau and the American Bankers Association offer valuable resources to educate consumers about common scams and red flags.

Should fraud be suspected, swift action is crucial. Victims are urged to secure accounts promptly and document incidents for reporting to financial institutions. For more information and resources, visit the dci.mo.gov.