Electronic email fraud becoming commonplace
At the latest Mayor’s Breakfast, Jim English, Vice President of Treasury Management, from F.N.B. Corporation’s First National Bank, gave a presentation regarding fraud prevention. Mayor Bob Stefanik noted that ten to fifteen years ago fraud was not as prevalent as it is today, but with technology, fraud is much more commonplace. English talked about check and electronic fraud on business account transactions. Some of his recommendations for avoiding fraud also work for personal accounts as well. Fraud takes place through checks, mail, wire, credit cards and phones. He talked about soc ....