On Demand Audio

Don't Bank on It! Counterfeit Check Fraud 101

(335 reviews)

Produced on November 09, 2018

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$ 59 Banking In Stock
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Course Information

Time 1h 1m
Difficulty Beginner
Topics covered in this course: Banking

Course Description

Despite the spectacular decline in check usage over the past 10 years, counterfeit check scams are on the rise. Perhaps the most notorious of these scams is the “Nigerian check scam.”

This timely and extremely interesting program, led by attorney Morgan R. McCord, will examine the regulatory underpinnings of this scam (as well as others) and the common tactics fraudsters use to lure their victims, which - increasingly and surprisingly - are lawyers. This program will review the Uniform Commercial Code’s liability scheme for claims arising from these scams and analyze judicial decisions addressing liability.

Learning Objectives:

  1. Identify “funds availability”
  2. Discuss the regulatory framework underpinning counterfeit check scams
  3. Recognize the classic signs of a counterfeit check scam
  4. Break down the UCC’s liability scheme

Credit Information

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Morgan R. McCord

Eckert Seamans

Morgan McCord focuses his practice on banking, financial services, consumer and commercial collections, and bankruptcy litigation. He represents banks, loan servicers, and other financial institutions through all phases of litigation involving diverse claims. These claims typically involve lender liability, title issues, contested foreclosures, stolen and forged negotiable instruments, fraudulent or unauthorized account transactions, electronic transactions, identity theft, cashier’s checks, and other retail and wholesale banking transactions. Morgan also represents financial services institutions in defending matters arising under the full range of laws and statutes regulating the consumer finance industry, such as the Truth-in-Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Fair Debt Collection Practices Act (FDCPA), and Fair Credit Reporting Act (FCRA).

In addition to his banking experience, Morgan counsels regional companies, acting as outside general counsel to several prominent New York accounting firms and local businesses on a variety of issues, including regulatory compliance, employment disputes, contractual disputes, and privacy issues.


Lina F.

Great course

Josh S.


Nicholas W.

Every attorney should watch this course. We are all being targeted.

Catherine E.

I have gotten these attempted scams for 30+ years and am always interested in how the scammers are generating new & improved scams.

Doug F.

Good information and followup questions.

Kevin W.

This was one of the best programs on check fraud I have ever seen!

igor o.

explains the reason for the check problem very well

Kimberly C.

Interesting topic

Michael B.

Great presentation!

Brett K.

Very well put together.

Jayne W.

great as always

Karen H.

Very important topic that every attorney should know about.

Ann W.

Highly recommended to all practitioners!

R. Christopher R.

Very interesting and timely

Jeffrey D.


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