Alert warns of surge in mail theft-related check fraud schemes
An alert to financial institutions warns about the nationwide surge in check fraud schemes targeting the U.S. Mail, and what financial institutions can do to mitigate the problem. Fraud, including check fraud, is the largest source of illicit proceeds in the United States and represents one of the most significant money laundering threats, according to the Financial Crimes Enforcement Network.
Continue reading “Alert warns of surge in mail theft-related check fraud schemes“CUs can comment on proposed rule modifying Fannie Mae, Freddie Mac regulatory framework
Credit unions can comment on a notice of proposed rulemaking that would enhance, clarify, or otherwise refine several provisions of the Enterprise Regulatory Capital Framework (ERCF) for Fannie Mae and Freddie Mac, known as the Enterprises.
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