The Resurgence of Check Fraud: Risks, Red Flags, and Response Strategies

Event Description

Check fraud is making a dramatic comeback. With organized fraud rings targeting both personal and business accounts, and techniques like mailbox fishing, altered checks, and counterfeit deposits on the rise, financial institutions must re-focus on this “old-school” crime that’s creating new headaches.

In this timely webinar, we’ll explore how check fraud is evolving — from washed checks and mule accounts to insider collaboration and digital deposit scams. Participants will gain a deeper understanding of the fraud lifecycle, how to detect suspicious patterns early, and which tools, alerts, and processes can best protect your institution and your customers.

Key Takeaways:

• Understand why check fraud is rising again — and what types of accounts are most vulnerable.

• Learn how fraudsters alter, forge, and launder checks through traditional and mobile channels.

• Review real-world fraud cases involving check kiting, duplicate deposits, and compromised mailboxes.

• Discover best practices for detection, holds, investigation, and customer communication.

• Explore how to leverage tools like Positive Pay, payee verification, and fraud scoring for early intervention.