Search

This article provides advice on fraud prevention from Frank Abagnale, who lived as a confidence man in the 1960s and has worked with the U.S. Federal Bureau of Investigation (FBI) to combat embezzlement and forgery since his release from prison in 1974. Abagnale discusses the risks associated with writing checks and the importance of reconciling monthly bank statements.

Presents information on a lawsuit filed against a bank which cashed a forged check for failure to detect forgery. Background on the case; Argument of the counsel of the U.S. Department of Treasury on the bank's acceptance of the draft.