Description
This course explains the drivers of check fraud and how criminals steal, fraudulently indorse, alter and counterfeit checks — and how bank staff can detect fraudulent checks. It also explains who is responsible for losses resulting from check fraud based on the type of check fraud, when to return a check and when to submit a breach of warranty claims for altered and fraudulently indorsed checks.
What You’ll Learn
After completing this course, students will be able to:
- Describe trends in check fraud
- Identify common types of check fraud and check fraud red flags
- Respond appropriately to cases of check fraud
