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

Arrests Made in Florida Card/ATM Fraud

June 22, 2009
Total Loss: $300,000
North Florida credit unions said Wednesday they are helping the U.S. Secret Service and police in Jacksonville crack down on an ATM fraud, which has run up$300,000 in CU losses over an 18-month period. At least 15 gang members–who took part in acquiring stolen cards and depositing bad checks into ATMs to later make withdrawals or purchases before the checks were returned–were arrested.
Source: Credit Union Times
Posted in: Check Fraud
Tags: checkddaover 100kcollusive network