Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

bank fraud forum

Del. Police Arrest Check Fraud Suspect

December 8, 2009
Total Loss: $22,000
Delaware State Police have arrested a suspect accused of passing thousands of dollars worth of bad checks throughout the state. Back on Nov. 11, police asked for the public's help in identifying a man who dresses like a woman accused of cashing fraudulent checks between April and August at various TD banks in Delaware. According to police, the suspect deposited money into different accounts at these banks from which the money was later withdrawn. Investigators say it was not until after the money was withdrawn, that the bank would learn the checks deposited were no good. TD Bank suffered a loss of over $22,000 because of this scheme, according to police.
Source: WBOC
Posted in: Check Fraud
Tags: checkddaunder 100k