Financial Crimes Spotlight Webinar: Protect Your Firm From First-Party ACH Fraud

First-party Automated Clearing House (ACH) fraud in the securities industry typically occurs when a bad actor—a firm customer using their true identity—uses a brokerage account to initiate an ACH pull transaction from a bank with insufficient funds, or improperly claims that a fraudulent ACH transaction occurred. This webinar reviews a FINRA released Threat Intelligence Product (TIP) that highlights this type of fraud.