CHECK FRAUD: A Gold Mine for Scammers and a Nightmare for Banks

Past Event

America continues to use paper checks and fraudsters are cashing in.  Scammers are stealing and altering checks, depositing them and quickly withdrawing cash before banks flag the payments as suspicious.  Check fraud has been going up every year since the pandemic, with a nearly 400% increase in the last year alone, according to a Financial Crimes Enforcement Network report from September.  Fraudsters are even sharing their methods and trading tips on social media!

What are banks doing to better detect and stop check fraud?

Join the RMA MN chapter to hear from a panel of experts on how banks are catching fraudsters and what you should know to protect yourself.

• Terri Chaffee - Senior Treasury Management Officer | Minnesota Bank & Trust
• Shelley Sidaros - SVP Enterprise Fraud and Payments Risk Management | U.S. Bank
• Cory Svihla - Director & Co-founder | Intellex Forensics
• Tally Rasmussen - VP, Fraud Manager | Frandsen Bank & Trust
• Additional speakers will be confirmed soon.

Program of Events:

• 11:30am / Registration, Lunch & Networking
• 12:00pm / Chapter Announcements
• 12:10 - 1:15pm / Program and Q & A

 

Cancelation Policy

Cancellations received after January 6th (& event no-shows) will not receive a refund.