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Tax Refund Fraud 2023


Event Details*
Tuesday, February 21, 2023
2:00 - 3:15 pm ET
Webinar; 1.5 AAP/APRP CEU Eligible
Level: Beginner

Event Registration**
Member Price: $225.00
Non-Member Price: $325.00

From data breaches to sophisticated social engineering schemes, fraudsters have a lot of accessible consumer and business data to successfully perpetrate tax refund fraud. We anticipate another year of challenges for RDFIs presented with investigating and handling these entries.

In this interactive session, attendees will prepare for handling suspect transactions and answers questions like:
• What are the indicators of possible tax refund fraud?
• When do suspect returns qualify as suspicious activity under AML?
• If we identify multiple, suspect returns on an account, how do we handle the entries?
• If we suspect tax refund fraud, does the institution have any liability?
• Are there compliance requirements beyond ACH related to tax refund fraud?

In this session attendees will:
• Analyze current trends of refund fraud.
• Discuss when an RDFI has liability or exposure to liability.
• Record sound business practices to increase detection capabilities internally.
• Document appropriate responses to suspect returns.

Rayleen M. Pirnie, BCJ, AAP, CERP, Director, Risk & Fraud, NEACH

• AAPs
• ACH Coordinator
• Audit
• Compliance
• Electronic Banking
• Financial Institutions
• Operations
• Payment Strategy
• Risk/Compliance
• Training Director

You might also like:
• Fraud Symposium
• 2023 Payments Management Conference
• Quarterly Fraud Review

*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.

** This event is part of the NEACH Education Club. Members who join the Club save $75 off the cost of this event.

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