Check Fraud and Check Washing - A BIG problem for US Banks and Businesses
03/17/2021 9:00 AM PT - 10:00:00 AM PT

According to the Association of Financial Professionals, US businesses still pay over half of their bills with a paper check. Check fraud is on the rise again in a big way despite anti scam efforts. Paper check fraud makes up a full 47% of all successful bank fraud, says the American Bankers Association. In this session, we will learn about check washing and how it is accomplished. You will learn how to protect your company from being a victim of check washing and check fraud, be able to identify a washed or fraudulent check, and receive an outline to create an internal check acceptance policy for your company. On a personal note, we will also learn about scams targeting your family, who the prime targets are in a family, and how the scammers gain the confidence of family members.

Instructor Michael Williams
Michael Williams - Vice President at United TranzActions, a familiar face within the NACM for the past 22 years, Michael has partnered with NACM Members of all sizes to introduce creative solutions for third party payment processing efficiencies and system integrations.

Michael is a conference speaker, round table expert, and NACM certification curriculum and Credit Magazine contributor and is always enthusiastic in sharing his knowledge with the NACM Membership!

Event Sponsor:  NACM Commercial Services

Course Level:  I - Intermediate

CEU: 0.100
CCE: 0.100


 Members: $0.00 Non-Members: $0.00

*Price is for admission only. Some events, especially college credit classes, have additional costs associated with materials, such as text books. See the event comments above for more details. Membership discount eligibility is at the discretion of the event sponsor.

Cancellations will be accepted for full refund no later than five working days prior to event — substitute attendees accepted up to day of event.