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Catch Check Fraud If You Can: The Growing Issue for Banks, Consumers

Catch Check Fraud If You Can: The Growing Issue for Banks, Consumers

Released Tuesday, 11th June 2024
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Catch Check Fraud If You Can: The Growing Issue for Banks, Consumers

Catch Check Fraud If You Can: The Growing Issue for Banks, Consumers

Catch Check Fraud If You Can: The Growing Issue for Banks, Consumers

Catch Check Fraud If You Can: The Growing Issue for Banks, Consumers

Tuesday, 11th June 2024
Good episode? Give it some love!
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Frank Abagnale Jr., an expert on check forgery and the subject and inspiration for Steven Spielberg’s film “Catch Me If You Can,” talks about why check fraud is so much worse in recent years despite the overall decline of use of checks. He talks about why banks are struggling to detect forgeries, how policymakers should address the issue, and why the problem is poised to become even more dire.

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