Discussing the Latest Trends in Banking Customer Fraud and How to Investigate and Report Unemployment and EIDL Fraud
September 24, 2020
LITTLE ROCK, AR. – Attorney Allison Raley and Chris McNulty presented today at the Arkansas Bankers Association Webinar. Their presentation titled, “Recent Trends in Banking Customer Fraud: How to Investigate and Report Unemployment and EIDL Fraud” reviewed the latest in customer fraud involving unemployment abuse, economic injury disaster loan (EIDL) fraud and anti-money laundering violations. The pair also provided information on what institutions should do when suspected fraud situations arise.
Raley couples her technical knowledge and sophisticated understanding of regulatory compliance to provide strategic counsel to corporate and financial institution clients on all matters of litigation, international and national regulatory compliance and financial needs. She has years of experience as a courtroom litigator working on commercial litigation, national recalls, multidistrict litigation, bankruptcy, real estate and construction matters. Raley is a Certified Anti-Money Laundering Specialist (CAMLS) and a Certified Global Sanctions Specialist (CGSS) making her one of only a few private practice attorneys in the United States to have achieved both designations.
McNulty concentrates his practice on representing creditors in bankruptcies and workouts of troubled commercial loans, leases and other contractual relationships and in commercial and agricultural litigation. He counsels clients in a wide variety of debtor/creditor matters including asset-based and cash-flow transactions, subordinated and second-lien debt, equity classes and rights, intercreditor agreements and participation arrangements including single-bank transactions as well as loan workouts, loan sales, DIP financing and Chapter 11, 12 and 13 plans of reorganizations.
About the Arkansas Bankers Association
The Arkansas Bankers Association (ABA) is the advocate for Arkansas banks of all sizes and charter types before the governmental bodies and the public. They promise to continually promote and improve the banking industry amid challenges and an ever changing environment. In addition to their effective advocacy, ABA delivers superior industry-specific information and education for banks and various high-quality products and services. They focus on creating a stronger economy and helping Arkansans realize dreams by building better banks.
About Mitchell Williams
Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C. is a full-service corporate law firm that provides strategic, comprehensive legal services to help clients achieve their goals. Established in 1954, the firm has offices in Little Rock, Rogers and Jonesboro, Arkansas and Austin, Texas. For more information, visit MitchellWilliamsLaw.com.