PDF Brochure Coming Soon!
To register for this event, please print the PDF Brochure and email to edehaven@indiana.bank or mail to IBA Foundation, 8425 Woodfield Crossing Blvd, Ste 155e, Indianapolis, IN 46240
As banks across the country concentrated on fraud in the digital channels, a record number of financial institutions reported more fraud occurring at traditional branches. In 2023 criminals appeared within branches to commit fraud by exploiting the environment in a post Covid world.
Crooks and their co-conspirators have discovered new methods to deceive branch personnel to open accounts, negotiate stolen, washed, and counterfeit checks in new and creative ways. FinCEN data indicates, and other agency reports reveal that fraud complaints doubled in 2022, after increasing more than 150% between 2020 and 2021.
The IBA has teamed with The Rechel Group, Inc., a leading risk consulting business providing organizations with fraud risk analysis, fraud prevention, detection, and investigation services to customize a program focused on the needs of branch personnel to mitigate and prevent fraud at the frontline.
Jim Rechel was a featured speaker at the third Annual Training Conference. Jim presented a program he developed entitled "Inside the Mind of a Bank Robber." The program provided insight into the background of a bank robber who spent considerable time planning and training for a takeover style bank robbery in a small town in Kentucky. The suspect later committed suicide after being surrounded by police, but not before leaving behind a trail of evidence that, when combined with interviews, provided a unique perspective into the mind of a criminal. Much of the information is compiled to assist businesses in the development of deterrents to robberies.