New Anti-Fraud Program to be Launched in New York

Aim is to Protect Consumers and Financial Institutions from Fake Check Scams

NEW YORK, NY (12/06/2010)(readMedia)-- On Tuesday, December 7 at 11:30 a.m. the New York State Consumer Protection Board is joining with the Credit Union Association of New York, the New York Bankers Association, the Independent Bankers Association of New York State and Consumer Federation of America to announce the start of a new and innovative program to protect consumers and financial institutions against fake check scams. Speakers will:

  • Explain what fake check scams are and how they work
  • Provide examples of complaints from consumers about fake check scams
  • Identify the misconceptions about checks that lead to scams
  • Describe a new partnership with participating credit unions and banks in New York to provide consumers with the information they need to avoid victimization
WHO:

Susan Grant, Director of Consumer Protection, Consumer Federation of America

Mindy Bockstein, Chairperson and Executive Director of the New York State Consumer Protection Board
WHAT:

Don’t Become a Target” Telephone Press Conference. Launch of New Anti-Fraud Program to Protect Consumers and Financial Institutions from Fake Check Scams.
WHEN: Tuesday December 07, 2010 at 11:30PM Eastern Time (US & Canada)
WHERE: Teleconference
DIAL: 1-888-604-4211
(alternate number if needed is 201-604-0409)
NOTES:

Representatives from the Credit Union Association of New York and the Independent Bankers Association of New York State will also be on the call to help answer reporters’ questions.

NO INFORMATION WILL BE RELEASED BEFORE THE PRESS CONFERENCE