Search results
Results From The WOW.Com Content Network
BOSTON – A Quincy man pleaded guilty in federal court in Boston to a million-dollar bank fraud scheme in which he deposited hundreds of counterfeit checks, the U.S. attorney's office said. Hui ...
Nearly half of bank customers in the J.D. Power report, or 46%, said their bank had prompted them to take fraud-prevention measures in the past 90 days. But customers didn’t always help themselves.
John Rusnak is a former currency trader at Allfirst bank, then part of AIB Group, in Baltimore, Maryland, United States. He is known for committing one of the largest ever cases of bank fraud, where he lost his company US$691 million after a series of bad bets.
The first Dollar Bank Loan Center was opened in Murrysville, Pennsylvania, on January 18, 1994. [6] Dollar Bank's "Win-Win Home Equity Adjustable Rate Loan" was launched as the first loan of its kind in March 1994. [6] Dollar Bank became the 16th bank in the country to offer online banking via the Internet in March 1997. [6]
Under federal law, bank fraud in the United States is defined, and made illegal, primarily by the bank fraud statute in Title 18 of the U.S. Code. 18 U.S.C. § 1344 states: [15] Whoever knowingly executes, or attempts to execute, a scheme or artifice— (1) to defraud a financial institution; or
For additional security, take advantage of safeguards from your bank, including mobile alerts and multi-factor authentication. For many, mobile banking has become a cornerstone of personal money ...
A bad check restitution program (BCRP) is a program in the United States that works to retrieve funds from bad check writers in order to repay moneys owed to the recipients of the checks.
Fraud victims, including those defrauded by authorised push payment (APP) scams, where fraudsters trick people into sending them money unwittingly, are told to contact their bank’s fraud team ...