Jul 1, 2025
Fraud is virulent, invasive, and widespread – especially in deposit operations.
To further complicate things, fraudsters are getting smarter and more creative. Identifying and combatting it is bad enough, but are you liable, too? Join us to learn the legal/liability ramifications of different types of account fraud.
Tuesday, July 1st, 2025
90 minutes
11:00 am EDT
Account fraud has caused staggering losses to financial institutions and the losses continue to increase. Your institution’s liability for forged checks, counterfeit checks, ACH fraud, remotely created and deposited items, and unauthorized electronic items varies depending on the type of fraud, how it occurred, and whether it was a consumer or commercial account. There are numerous applicable laws – and they are mindboggling. This webinar will cover some of the latest fraud schemes, address which law applies in each situation, and explain your institution’s liability – and how to reduce it.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
Determine whether your institution is liable in each type of account fraud situation
Understand your institution’s requirements for reimbursing accountholders
Explain what can and cannot be required of an accountholder when investigating account fraud
Describe what constitutes an “unauthorized” electronic withdrawal
Distinguish between ODFI and RDFI liability for ACH fraud
Understand new trends in fraud that impact financial institutions
TAKE-AWAY TOOLKIT:
Shelli Clarkston is an attorney with Spencer Fane LLP where she provides financial institutions with proactive legal counsel on regulatory and compliance matters. She received her law degrees from the University of Missouri – Kansas City and her undergraduate degree from the University of Nebraska – Lincoln. In addition, she has a master’s degree from Doane University.
Before joining Spencer Fane, Shelli was the Risk and Compliance Officer for a financial services technology platform with one of the world’s largest technology companies. She oversaw the platform’s regulatory compliance and handled all risk-related matters. She also has experience as general counsel for a community bank, where she managed all legal, regulatory, compliance, and corporate matters.
Who Should Attend?
This informative session will benefit deposit operations personnel and managers, tellers and service representatives, compliance personnel, new accounts professionals, security officers, fraud investigators, attorneys, and auditors.
$279.00
Available Upgrades
Elizabeth DeHaven
Education Manager
o: 317-387-9380
d: 317-333-7169
edehaven@indiana.bank