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Re: Check Fraud. On December 29, 2022, I gave a 90-minute webinar on check fraud for CPA Academy (CPAAcademy.org). The audience (1,753 attendees) were CPAs earning CPE credits. Title: "Check Fraud and the Power of Positive Pay: Looking forward to 2023." Those watching rated the webinar 4.75/5.0. It's ...

I'm giving a 90-minute webinar on Check Fraud, ACH Fraud and Wire Fraud on Thursday, December 29, 2022. I was a banker for 18 years; I hired Frank Abagnale in 1993, and still work with him today. This presentation includes a link to a 60-minute Cyber webinar given by Frank Abagnale two weeks ago. ...

Please be advised: Positive Pay by itself is inadequate. Pos Pay checks the check number, account number, and dollar amount, but not the Payee Name. Fraudsters steal checks from the mail and create counterfeit checks using the same account number, check number and dollar amount. The counterfeit check ...

Regarding fraudulent checks: I have a few recommendations to deter fraudsters' attempts and prevent losses. My background: I was a banker (in California) for 18 years and have worked with many, many title and escrow companies. I ran the Title/Escrow, Cash Management, and Correspondent Banking Divisions ...