(redirected from Check Fraud)
Also found in: Dictionary, Encyclopedia, Wikipedia.
Graphic Thesaurus  🔍
Display ON
Animation ON
  • noun

Synonyms for paperhanger

someone who passes bad checks or counterfeit paper money

one whose occupation is decorating walls with wallpaper

References in periodicals archive ?
What's not effective, however, is customer education on check fraud -- FIs ranked it eighth out of nine fraud mitigation methods.
The Association of Certified Fraud Examiners estimates that businesses lost over $3 billion to check fraud in 2014 alone.
Source Technologies line of MICR print solutions provide true business process improvement by cutting costs by as much as 80 percent, virtually eliminating the risk of check fraud and improving efficiencies by removing manual processes.
In cases of check fraud losses, the Uniform Commercial Code (UCC) is the legal basis for determining liability.
Although this scheme may have netted the defendant in this case a small fortune, stale-dated check fraud is not a particularly troublesome area if encountered.
From giant corporations to a small mom-and-pop business, even down to an individual consumer, check fraud has been a major problem and it is get ting worse, according to both Jennings and Abagnale.
However, the legal liability for check fraud losses has now shifted to depositors.
Like check frauds, the front line of defense in credit card frauds is employee education, which should include awareness of customer behavior.
In a typical month, the university might cut some 16,000 checks to vendors and staff, and Karakantas says there is added piece of mind now, since Philadelphia has had a rash of check fraud.
Banks also offer products and services that assist in the deterrence of check fraud.
It's no exaggeration to say that check fraud in the United States has reached alarming proportions.
Check fraud losses in 1996 exceeded $12 billion, up from $5 billion in 1993, a 140 percent increase.
According to Barbara Hurst, editor of the Bankers Hotline newsletter, experts estimate that businesses lose $10-$12 billion a year from check fraud.
banking system and estimates of the extent of banks' losses resulting from criminal misconduct, which include the banking industry's 1994 estimates of approximately $800 million in losses associated with check fraud and $700 million from credit card fraud, we believe that losses from criminal activities do not pose a systemic risk to the banking system.