Where Everybody Wants Your Name (and Date of Birth and Social Security Number and …) Identity theft or identity fraud, the terms commonly used to refer to criminal activity in which someone wrongfully obtains and uses another person’s personal data, continues to rise. According to recent research from Javelin, approximately 15.4 million people were victims […]
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Largest Single Embezzlement in County History Using $4.1M she stole from a Buffalo, NY area car dealer over at least seven years, the former comptroller
Don’t Let a Disruption Cause a Catastrophe At the core, a disruption to business is just that, a disruption to what is supposed to be happening. It’s far too easy to be distracted by excuses to make a continuity plan, or believe that a business may be too small to benefit from one.The facts are […]
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Manage Funds Transfer Exposures and Fraud Your financial institution clients have significant risk exposure when conducting funds transfers. Criminals prefer easy methods to conduct fraud that moves money quickly and makes it difficult to get back. The following outlines some basic controls that your FI clients can use for reducing risk and implementing best practices […]
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Financial Strength Is a Key Commitment In moments of uncertainty, the last thing any client needs to worry about is the financial strength of their insurance company. Berkley FinSecure is a member of the financially strong W. R. Berkley Corporation, rated A+ (XV) by A.M. Best. We deliver a commitment to financial institutions that, in […]
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A Daily Routine The former Deputy Treasurer of the City of Compton in Southern California allegedly skimmed a total of over $3.7 million from city
Mitigate Tornado Risk to Prevent Loss and Reduce Costs Approximately 1,000 tornadoes occur each year in the United States, causing an average of $1.1 billion in property damage and 80 deaths. You and your clients can manage tornado risk by preventing losses and mitigating potential damage. While portions of a property claim from tornado damage […]
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Fraud Also Hits Reputation and Complicates Investor Relationship A global Swiss engineering firm has booked a $100 million charge as the result of a “sophisticated
Former CFO Charged The CFO of a scrap metal brokerage in Alabama is charged with the embezzlement of over $11 million from his former employer.
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