This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
06/21/2023
Check fraud on the rise, costing people and businesses thousands
WSAW - TV
WAUSAU, Wis. (WSAW) - Check fraud is on the rise again and experts have said personal checks are very easy to print on a computer where criminals can “wash” them to create blank checks.
“Generally speaking, check fraud has gone up. Easily gone up 10 to 20 percent over the last three years,” said Rose Oswald Poels, president and CEO of the Wisconsin Bankers Association.
According to the Financial Crimes Enforcement Network, banks made around 680,000 reports of check fraud last year, nearly double the total from 2021.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information