Canoga Park

Elise Hacking Carr is senior production editor for Print & Promo Marketing magazine, and managing editor for PRINTING United Journal.

Celebrity blunders and 
political scandals arguably are comedy gold. But the climbing rate of check fraud is one hot topic that's no joke.

Predictions about the demise of the paper check have been haunting the print circuit for decades. But here it is in 2010, and checks still represent the largest category of noncash payment instruments. Unfortunately, check fraud is the most dominant method of fraudulent payments and produces the greatest losses. Check fraud also continues to be one of America's least prosecuted financial crimes, posing a risk for all organizations, according to Robin Johnson, marketing and sales for Canoga Park, California-based SAFEChecks.

More than $10 billion per year is lost to check fraud and counterfeiting, according to the National Check Fraud Center. And in a troubled economy where fraud is expected to rise, businesses must do whatever they can to keep checks as secure as possible.

John Labrant, regional sales manager for Springfield, Virginia-based SICPA, said the current state of the economy has many companies noticing more crime and fraud.

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