Attorney General Brenna Bird has announced a court victory against Travis Broughton and his Omaha-based stem cell businesses, Omaha Stem Cells, LLC and Regenerative Medicine and Anti-Aging Institutes of Omaha, LLC. The ruling holds Broughton and his companies responsible for misleading Iowans with unproven umbilical cord stem cell injections.
According to the Iowa Attorney General’s Office, Broughton and his companies operated in Iowa from 2018 to 2020. The court determined that they are liable for about $1 million.
Attorney General Bird stated, “If you come into our state and scam Iowans you will be held accountable. We are grateful for the court’s decision in this case where a snake oil salesman preyed on vulnerable Iowans who desperately needed a cure and relief and used that against them for profit. It’s disgusting and wrong. We fight to make sure that these con artists are held responsible.”
The lawsuit claimed that Broughton’s businesses promoted umbilical cord stem cell treatments as cures for various health conditions such as COPD, joint pain, Alzheimer’s disease, and aging. These services were marketed under the term “regenerative medicine.” The companies allegedly targeted older adults in Iowa through testimonial videos presented at sales seminars to mislead consumers about the effectiveness of their products.
Iowa officials have reminded residents to be cautious of healthcare scams by seeking reliable information before agreeing to medical treatments or procedures.
