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AI Innovation

Both the financial and healthcare industries are undergoing an AI evolution. Review our vision for Artificial Neural Networks (ANN) and deep learning targeting these industries.

AI-Based Check Automation

Check recognition & fraud detection are the most important components in today's check processing and omni-channel capture. Learn how OrboAnywhere using OrbNet AI technology reduces costs and mitigates risk.

AI-Based Healthcare Electronification

OrboAccess, powered by OrbNet AI, provides electronification to remits and payments, enabling RCM companies to automate posting, improve research, and deliver business intelligence

About Us

Celebrating 25 years of innovation, OrboGraph has transformed into an AI company delivering targeted automation solutions to the banking and healthcare industries.

Resources

From news and events to case studies, trends, and videos, this section provides a range of information resources for payment automation in the banking and healthcare industries.

Blogs

OrboGraph produces four blog series on a weekly basis covering topics from check processing, fraud prevention, AI technologies, RCM, and healthcare electronification. Select one the blog to the right. We hope you enjoy!

  • Check fraud can be a family affair
  • Primary recruitment sometimes requires little more than tossing in a nice speedboat
  • The fraud "chain" extends to homeless and otherwise disadvantaged "mules" who do the in-person depositing

It was suspected cockfighting that got the attention of authorities at first. However, they found a wider spectrum of crime when they arrived at the south Florida home of this alleged perpetrator:

“When MDPD arrived, they found evidence that made plain the home also doubled as the headquarters for a second illegal business: counterfeit check cashing,” U.S. prosecutors wrote in a court filing.

police

Source: fsHH from Pixabay 

A Family Affair

It turns out that the entire family was involved; the father netted almost 11 years in prison; his tech-savvy son, a former Miami Dade College computer science student, received more than four years, and his daughter was previously sentenced to two years.

"The family and other defendants were ordered to pay back $1.8 million to victims of their financial scheme. The family also must forfeit a home on Little River Drive in Northwest Miami-Dade, a couple of Mercedes-Benz vehicles, and a 39-foot Midnight Express boat with triple 400-horsepower Mercury engines."

Lawyers for the family explained that the son became entangled in the scheme after an associate approached his father with an offer that was apparently too good to pass up: The family would get a computer program that could discover Social Security numbers as well as create counterfeit checks, and also -- and this was the clincher, one would suppose -- a motorboat ("a 39-foot Midnight Express boat with triple 400-horsepower Mercury engines") in the bargain. One can imagine the pressure to "collaborate" was significant.

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Tech Exchanged for Legwork

No need to do research on YouTube for this scam -- in addition to the slick boat, they were provided all of the tools and skills required in exchange for their access to further cohorts.

The family worked as a team, purchasing names, dates of birth, addresses and Social Security numbers of unwitting bank customers on the "dark web," which allows users to remain anonymous.

The stolen personal information allowed the tech-savvy son to access victims’ bank accounts across the country to change contact information on phone numbers that he and his father could then control. The son also downloaded checks signed by the account holders so they could be used to create templates for counterfeit checks.

The Money Mules

At that point, the bogus checks would be given to the other co-conspirators, who would be further assigned to find people to visit the banks and cash the checks. People living on the street or in homeless shelters were common targets; it becomes easy to see how the primary check fraud perpetrators can distance themselves from the actual act.

Cashing Check at the Teller

Unfortunately, personal information on almost everyone exists on the dark web -- making every person a potential target for fraudsters. Banks deploying image analysis in combination with transactional analysis are able to better protect their customers by identifying anomalies and trends that are not consistent for the account holders for on-us and deposit fraud.

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