Are You Liable? Forgeries, Remotely Created/Deposited Items, Fraudulent ACH, Unauthorized Electronic Withdrawals & More

On-Demand Webinar:
StreamedFeb 7, 2024Duration90 minutes
  • Unlimited & shareable access starting two business days after live stream
  • Available on desktop, mobile & tablet devices 24/7
  • Take-away toolkit
  • Ability to download webinar video
  • Presenter's contact info for questions
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Scams, schemes, stings, deceptions, cons. Whatever they’re called, it all boils down to fraud!

Financial fraud is rampant, can come in many forms, be consumer or commercial, and is causing increasing losses for financial institutions. What’s more, the numerous applicable laws are mindboggling. Attend this timely webinar to learn how to deal with each type of fraud and reduce your institution’s liability.
  • Distinguish which party is liable for each type of fraud situation, including ODFIs and RDFIs for ACH fraud
  • Determine when your institution must reimburse an accountholder
  • Explain what can and can’t be required of accountholders when investigating account fraud
  • Understand your institution’s liability for forgeries
  • Explain what constitutes an unauthorized electronic withdrawal


Account fraud has caused staggering losses to financial institutions and continues to increase. Your institution’s liability for forged 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. This webinar will explain which law applies in each type of account fraud situation, your institution’s liability, and how to reduce liability risk.


This informative session will be useful to deposit operations personnel and managers, tellers, compliance staff, new accounts personnel, security officers, fraud investigators, attorneys, and auditors.


  • Chart listing each type of account fraud situation, which law applies, and who is liable
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.


"These topics are so important, and can be so confusing. The slides give a step by step walk through of deciding who is liable."
- Brenda, WesTex Community Credit Union

"This has been the most comprehensive webinar on this topic that I have attended in my eight years in banking. I've made copies of the quick facts sheet for my supporting staff and know that I will use this material as a point of reference for a very long time!"
- Andrea, Alcoa Community Federal Credit Union

Presented By

Elizabeth Fast, JD & CPAElizabeth Fast
Spencer Fane LLP