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October 24
How to Audit Advertising - Compliance Issues Here, There, Everywhere!;
Patricia Cashman

October 29
Documenting an Applicant's Intent to be a Joint Applicant;
David Dickinson

November 4
Issues with Deceased Customers;
Mary Beth Guard and John Burnett

November 5
Vault Burglaries, Floods, Fires & Other Disasters;
Dave McGuinn

November 6
MLO v LO - Who Has to Do What?;
Jack Holzknecht and Mary Beth Guard

November 13
Domestic Violence & Workplace Violence: There Is A Link;
Shelly Collins and Dana Turner



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#1257997 - 09/28/09 02:39 PM Checks Written on Closed Accounts
Yada...Yada...Yada... Offline
100 Club

Registered: 01/11/05
Posts: 238
Currently have 2 situations...

1. Prior customer is writing checks on a closed account. Amounts were enough to justify SAR, plus I was filing SARs on him for money laundering as well. Police and DOJ investigating him.

2. 2005 customer had checkbook stolen. Closed account out. Now checks are starting to surface.

I would like to contact our states retail association, bankers association, etc to warn people of these checks. Is that something I should do, or am I going to get into some "privacy" or other problems...
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Deposits and Payments
#1258058 - 09/28/09 03:36 PM Re: Checks Written on Closed Accounts [Re: Yada...Yada...Yada...]
BrianC Offline
Power Poster

Registered: 11/26/04
Posts: 2891
Loc: Illinois
On both counts we report to Efunds (Chexsystems), the first for fraud, the second that the account was closed due to stolen checks (so it does not reflect negatively on our customer.) In both cases, merchants that utilize check verification will be informed that the accounts are no good.
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I can do all things through Him who gives me strength. (Phillipians 4:13)

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