Because FinCEN sees no indication that check fraud is going to subside anytime soon, the agency cautioned financial institutions to be vigilant and, along with the United States Postal Inspection Service (USPIS), warned that the main source of stolen checks is the U.S. mail.

During this webinar, we will look at all the different check fraud schemes and how to prevent them. Plus, we will cover who takes the loss on different types of fraud for your back-office staff.What You'll Learn:

• Remember the common components of a check
  
• Handle account holders who present counterfeit items
  
• Distinguish between recover rights on alterations, fraudulent items, and forged endorsements
  
• Use Regulation CC Holds and other tools to prevent loss
  
• Identify check washing, cash back scams, fraudulent items, check kiting, and other types of check fraud
  
• Listen to what your account holder is saying to determine if check is legitimate