What is Check Fraud? When it comes to finances, we are all very cautious, especially in releasing funds to another person. In this day and age, it is normal to do online bank transactions when releasing funds. Another way is to issue checks when transferring funds or making online payments. But while we benefit from […]
What is Check Kiting? This refers to the purposeful issuing of a check wherein there is not an adequate amount to settle the designated amount. Some of the mechanisms of this fraud strategy include: Issuing a check for which there isn’t enough money in the account of the payer. Depositing the forged check in a […]
Have you ever been a victim of any type of fraud? Is it the worst right? Fifty percent of businesses experience fraud at some point. That’s a huge percentage! Let’s discuss a few types of fraud and how you can avoid them. The Business of Check Fraud This is a very difficult thing to catch […]
Check Fraud is one of the biggest drains on corporate America every year. It literally fleeces small businesses, which is why so many turns to Check Issuing as their third-party check disbursement service. But cashier’s check fraud is also huge stuff. While cashier’s checks are viewed by banks as “risk-free,” this just isn’t always the […]
Being a manager is tough stuff, anyone who has ever had to manage people will tell you that. Managing people means managing varying personalities and work ethics and family / personal needs as a cohesive and productive team. It’s a job choreographing each day. Being a manager means quickly learning that all people are just […]
Photo by B Rosen You’ve probably seen the movie, Catch Me If You Can. You probably really enjoyed the fast paced, even humorous and exciting look at infamous check fraud and identity thief professional Frank Abagnale. He’s now turned to helping the good guys as a check security consultant (I mean who better to do […]
Photo by 401(K) 2013 You leave your house for a weekend to spend some time with your significant other and the kids for a big weekend at Disney World! But do you feel safe? Or do you constantly worry that someone is breaking into your personal abode and stealing your jewelry, breaking your family portraits […]
Check fraud is alive an kicking. There are many types of check frauds. Though it’s methods to achieve the check fraud have evolved, the game really is much the same as it was in the infamous Catch Me If You Can movie, which teamed up Tom Hanks, director of the investigation of check frauds, and Leonardo […]