Check Fraud & Scams 
(90-minute webinar – available live or on-demand)

Wednesday, September 11, 2024

11:00 am – 12:30 pm Eastern

Checks are becoming obsolete – so why worry? Not so fast! Although check use is declining, check fraud is increasing exponentially year after year. You cannot afford to have a laissez-faire attitude! Attend this interesting program to learn the latest on check fraud scams and how to spot and thwart them.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Remember the common components of a check
• Handle accountholders who present counterfeit items 
• Distinguish between recover rights on alterations, fraudulent items, and forged endorsements
• Use Regulation CC holds and other tools to prevent loss
• Identify check washing, cash-back scams, fraudulent items, check kiting, and other types of check fraud
• Listen to what your accountholder is saying to determine if a check is legitimate
  

WEBINAR DETAILS 

While the number of checks has decreased, check fraud has exponentially increased. In February 2023, FinCEN issued an alert (FIN-2023-Alert003) indicating there were 680,000 cases of possible check fraud reported in 2022. That’s up from 350,000 in 2021, which itself was a 23% increase over 2020. Because FinCEN sees no indication that check fraud is going to subside anytime soon, the agency cautioned financial institutions to be vigilant and, along with the United States Postal Inspection Service (USPIS), warned that the main source of stolen checks is the US mail. This webinar will look at all the different check fraud schemes and how to prevent them. You’ll also learn who takes the loss for each type of fraud. 

WHO SHOULD ATTEND? 

This informative session will benefit tellers, new accounts staff, compliance professionals, bookkeeping personnel, call center staff, branch managers, BSA officers, and security officers.

TAKE-AWAY TOOLKIT

• Teller handbook
• Employee training log 
• Interactive quiz
• PDF of slides and speaker’s contact info for follow-up questions
• Attendance certificate provided to self-report CE credits
  

SPEAKER

Deborah L. Crawford, Gettechnical Inc.

Deborah Crawford is the President of Gettechnical Inc., a Florida-based firm specializing in the education of financial institutions across the nation. Her 30+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees. Debbie specializes in the education of financial institution employees and officers in the areas of deposit account laws, new account documentation, insurance, complex compliance regulations, and IRAs.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's VP, Director of Education & Events, Malia Widder, (614) 610-1877.