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MBA Education Legal Liabilities When Check Fraud Occurs Webinar June 29
MBA Education presents a webinar, Legal Liabilities When Check Fraud Occurs, on Wednesday, June 29 from 2:00-3:30 p.m. ET.
Check fraud losses are estimated to exceed $18 billion each year. A recent nationwide counterfeit check operation reportedly caused more than $9 million in losses. With more and more counterfeit checks flooding financial institutions, this number is sure to increase. Unfortunately, most financial institutions don’t understand their legal rights and responsibilities for dealing with check fraud when losses occur. If you’re confused about what your financial institution’s legal responsibility might be in various check fraud situations, this webinar is for you.
Objectives
–Tips for spotting counterfeit, forged and altered checks.
–Procedures to reduce your bank’s exposure to check fraud losses.
–A plain English explanation of your bank’s legal responsibility for counterfeit, forged and altered checks under the Uniform Commercial Code, Regulation CC and other federal regulations.
–Factors used to determine whether a check fraud victim has the legal right to expect reimbursement for a loss.
Who Should Attend
–Branch Managers
–Security Officers
–Fraud Investigators, Examiners and Compliance Personnel
–Member Service Representatives
–Tellers and Teller Supervisors
–New Accounts Personnel
Speaker
Terri Thomas, Senior Vice President and Legal Department Director for the Kansas Bankers Association
To register, click https://www.mba.org/store/events/webinar/legal-liabilities-when-check-fraud-occurs.