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An ex-fraudster provides inside information on fraud methods Checks are a target because they are inexpensive to spoof Fraudsters have favorite targets Recently, we covered insider check fraud and the reasons individuals perpetrate it — even when they may not need the money. But what about the other side of the coin? The professional fraudster…

Check alterations by employees can be an issue City government employees sometimes alter checks to pay themselves They are usually small amounts and therefor rarely attract attention Over the past year, most of the media coverage has spotlighted post office insider check fraud — where a postal employee is responsible or part of scheme to…

Check fraud is surging, particularly in business transactions Check fraud has a reputation as a low- or no-tech scam Scammers are “graduating” to high-tech strategies Abrigo’s new and informative downloadable PDF, Check Fraud: New Tech Driving Old School Scam by Kate Stoneburner, is a succinct look at the ways in which modern scammers are deploying…

Introducing the “Threat Actor” Threat Actors respond to news trends and resultant anxiety The fall of Silicon Valley Bank is the newest boon for Threat Actors The Cloudflare Blog takes a look at the activities of a specific category of fraudster, the Threat Actor, in relationship to news events like the collapse and takeover by the…

Aite-Novarica Group fraud executives at Aite-Novarica Group’s 2022 Financial Crime Forum Check fraud and scams are growing disproportionately to other forms of fraud In spite of check fraud growth, some banks remainl hesitant to invest in anti-fraud technology Aite-Novarica Group’s expert, Trace Fooshée, shares their research to help fortify fraud platforms via Fraud Trends for…