SUMMER ISSUE 2016
A Special Supplement to
It’s a classic Two Creston men talk about their love of classic cars. ■
By BAILEY POOLMAN
CNA staff reporter bpoolman@crestonnews.com
W
hen it comes to the classics, it’s about the
passion. Bill Stuart and Jim Lippold, both of Creston, know the meaning of passion. They each have classic cars in their garage. Classic cars have a variety of definitions, but generally, the car is a classic if it was made 25 years ago or more. A classic becomes antique in the United States if it is 100 years old.
Humpback sedan,” Stuart said. “We stay with mostly the high-performance-type cars. That’s usually the ones that sell good for us.” Stuart usually finds cars by word of mouth or during a variety of car shows and auctions he attends. These vehicles include a 1928 brown Ford Model A and 1962 white Chevrolet Impala, which is one of his favorites. “It’s something I’ve always been interested in, older cars,” Stuart said. “It’s gotten quite popular in the last 25 or 30 years. ... One thing about an older car is you can have them and not
worry so much about them depreciating.” Stuart’s passion for classics can be seen all across the walls of his office, where framed photos of his family hang interspersed with photos of classic cars on racetracks. Plates with the faces of NASCAR drivers hang there as well, alongside posters and newspaper clippings of more family members. “It’s just like a second love, a love of automobiles,” Stuart said. “The changes that you see over the years and going back to my CLASSIC | 8c
Stuart Stuart, 79, has been in the business of collecting and selling classic cars with his wife and two of their sons for 35 years through the business Hi-Crest Auto. The vehicles are maintained there and either remain part of the collection or are sold to other eager collectors. “We’re very, very picky. We check them out real close. Tony and Billy and I are usually the ones that buy. I just bought a ‘38 Ford
CNA photo by BAILEY POOLMAN
A 1928 Ford Model A, belonging to Hi-Crest Auto, stands Tuesday in the car dealership parking lot. Bill Stuart and his family have collected and sold classics like this Ford for the past 35 years.
living
Elder financial abuse still prevalent locally, nationwide Creston bankers comment on the issue locally and offer tips for avoiding scams. ■
By KELSEY HAUGEN CNA associate editor khaugen@crestonnews.com
In the U.S., more than $36 billion is lost to elder financial abuse each year, according to a 2015 report by True Link Financial, a California-based financial services firm. Scams and frauds account for a sizable portion of elder financial abuse that occurs, which includes exploitation by family, friends and caregivers. In Iowa last year, the Fraud Bureau of the Iowa Insurance Division had 700 referrals, and the Consumer Affairs Bureau had 7,000 inquiries, according to a statement from Insurance Commissioner Nick Gerhart to the Iowa Center for Public Affairs Journalism’s IowaWatch.org, an investigative journalism publication. “As far as how often it happens, it’s hard to say
Contributed photo
because a lot of times, people who are victims are either embarrassed or don’t realize really what’s happening so they don’t necessarily inform anyone when they have been the victim of a scam of some sort,” said Kelly Richards, branch manager at Great Western Bank in Creston. In an interview with IowaWatch, Iowa Assistant Attorney General Chantelle Smith said accurate statistics on all forms of elder abuse are lacking both in Iowa and nationwide due to several causes, including shame and not knowing a fraud has occurred. “Fraudsters often prey on seniors experiencing cognitive decline, limited mobility and other disabil-
ities that require them to rely more heavily on others for help,” said Adam Snodgrass, chief financial officer and trust officer at Iowa State Savings Bank in Creston, in a press release. “Appointing someone you know and trust to handle your financial matters aids tremendously in the fight against these crimes.”
Money mule scam Richards said at Great Western Bank in Creston, the type of elder financial abuse most commonly reported right now is the money mule scam, in which a scammer transfers money acquired illegally in person, through a courier service or electronically FRAUD | 2c