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Columbus, Ohio - In a press conference held earlier today, Ohio Securities Commissioner Rebecca Bodnar announced a new crackdown on investment fraud in the state. The announcement comes in response to a recent surge in fraudulent investment schemes targeting Ohio residents.Bodnar highlighted several recent cases of investment fraud that have been uncovered by her office, including a Ponzi scheme that defrauded investors out of millions of dollars. "These types of schemes are not only illegal, but they also have a devastating impact on the victims who have lost their hard-earned money," Bodnar stated.To combat this growing problem, Bodnar outlined several new initiatives that her office will be implementing. These initiatives include increased collaboration with law enforcement agencies to investigate and prosecute investment fraud cases, as well as enhanced public education campaigns to raise awareness about the dangers of fraudulent investment schemes.In addition, Bodnar also announced the creation of a new Investor Protection Unit within the Ohio Department of Commerce. This unit will be dedicated to investigating and prosecuting investment fraud cases, as well as providing support and resources to victims of investment scams."We are committed to protecting Ohio investors and holding fraudsters accountable for their actions," Bodnar stated. "I urge anyone who believes they may have been a victim of investment fraud to contact our office immediately."Bodnar's announcement was met with praise from consumer advocacy groups and investors alike. "Investment fraud is a serious problem that can have devastating consequences for individuals and families," said Jane Smith, a spokesperson for the Ohio Consumer Protection Association. "We applaud Commissioner Bodnar for taking decisive action to address this issue and protect Ohio investors."Ohio residents who suspect they may have been a victim of investment fraud are encouraged to contact the Ohio Department of Commerce's Investor Protection Unit at 1-800-555-5555.