Marcel Duhamel, a partner in the Vorys Cleveland office and member of the firm’s financial institutions practice, will present a webinar on October 28 from noon until 1:00 as part of the Eighth Annual Commercial Loan Workout Webinar Series.
The title of Marcel’s presentation will be “Facing Fraud: Identifying and Protecting Financial institutions from Fraudulent Wire and Check Schemes.” Viewers will learn about the evolution of wire and check fraud schemes and how they create significant operational, financial and legal risk for financial institutions. The session will feature practical discussion of emerging fraud trends, common scams targeting banks’ commercial customers and the steps institutions can take to educate commercial customers about how to spot and avoid fraudulent schemes, to spot and avoid likely signs of fraud directed against banks themselves, and how to limit…
Be skeptical of “Work from Home” offers that require you to receive money into your personal account and transfer it elsewhere, as this makes you a “Money Mule” in a money-laundering operation.