Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
2 Comments
Comments
Check fraud is rarely prosecuted anymore. This leaves preventative measures up to producers and distributors as well as the common sense of the end-user. “If you look at the statistics,” Abagnale informed, “last year there were 20 billion dollars in forged checks, which is huge. Bank’s took only 10 percent of those losses. Ninety percent of those losses were pushed back to the customer, to the company or to the business.” With the stakes so high, those involved in check printing, distribution and security can’t afford to remain in the dark on these issues. Helping prevent fraud means better business for everyone.
2 Comments
View Comments
Laurence Liss
Author's page
Related Content
Comments