KPMG warns on cheque frauds
- Loss prevention. Stephens, Gerald // Business Credit;May98, Vol. 100 Issue 5, p23
Presents inforamtion on corporate check fraud liability. Risks of check fraud in the United States; Impact of desktop technology on corporate check fraud; Highlights of the Uniform Commercial Code (UCC); Information on positive pay.
- Check fraud. Slotter, Keith // FBI Law Enforcement Bulletin;Aug96, Vol. 65 Issue 8, p1
Reports that criminal organizations worldwide are increasingly using sophisticated techniques to perpetrate check fraud. Extent of the problem; Groups involved in check fraud; Types of check fraud; Methods of alteration; Fraud prevention; Law enforcement successes. INSETS: A typical...
- Winning the war against check fraud. Stegeman, Mark; Cytraus, Aldona O. // Ohio CPA Journal;Dec95, Vol. 54 Issue 6, p44
Focuses on check fraud in the United States. Uniform Commercial Fraud; Implications for business; Many faces of fraud; Stopping internal fraud.
- Dealing with dishonoured cheques. Wood, Marc // Credit Control;1997, Vol. 18 Issue 5, p16
Deals with the prevention of accepting fraud checks in Great Britain. Reason for check payment's popularity; Acceptance of checks in the business and retail arenas; Precautions to avoid financial losses; Description of transax cheque guarantee and transax appraisal service.
- Stamp out bad checks. Brown, Ann L.; Brown, Carolyn M. // Black Enterprise;Oct96, Vol. 27 Issue 3, p36
Offers tips on how to detect fraudulent checks. Examination of the federal routing number; Importance of keeping records of fraud.
- Check fraud stakes rise. // ABA Banking Journal;Aug97, Vol. 89 Issue 8, p42
Reports on the magnitude of check fraud which has a recorded 300 percent increase between 1990 and 1994. How difficult it is to quantify check fraud; Type of banks where check fraud is prominent; Information on software to detect check fraud; Example of how thieves falsify checks; Description...
- Scam: Check and check again. Henry, Jim // Automotive News;8/12/1996, Vol. 70 Issue 5673, p1
Reports on the rise in check-cloning fraud in the United States. Losses check-cloning schemes cost businesses; Victimization of automobile dealerships in New York; Recommendation that dealers establishes separate account for refunds.
- Check fraud costs local businesses more than $180 million annually. Timmons, Tony // Las Vegas Business Press;07/15/96, Vol. 13 Issue 42, p1
Reports on the financial loss of Las Vegas, Nevada businesses from check frauds. Inability to prevent frauds; Use of out-of-state driver's licenses and payroll checks in the commission of the crimes; Collaboration with inside sources in getting house checks.
- Banks employ innovative methods to help combat check fraud. Tracey, Brian // American Banker;10/17/1994, Vol. 159 Issue 200, p24
Reports on financial institutions' use of various technology systems to prevent check fraud. Use of software with artificial intelligence programming techniques; Comments of banking executives on the impact of check fraud on the industry; Manual review of items coming from corporate accounts to...
- Massachusetts closing in on check-fraud ring. Crockett, Barton // American Banker;12/15/1993, Vol. 158 Issue 238, p21
Reports on Massachusetts attorney general's plan to seek indictments of 19 people for alleged involvement in a check fraud ring in New England. Check stock preparation; Victimized supermarkets; Forging of signatures.