Dead Wrong: The Scary Realities of Data “Ghosts” and Fraud
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Reviewing cases of identity theft of deceased persons to detail typologies such as use of decedent’s data by unscrupulous survivors to hijack tax refunds or government benefits
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Utilizing tools such as KYC/CDD and account reviews to detect ghosting indicators such as aberrant borrowing or spending patterns to flag and resolve suspicious activities
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Filing SAR and informing relevant law enforcement and government agencies and credit reporting bureaus to escalate investigation and mitigate risks of continuing fraudulent activity
Moderator:
Jas Randhawa, Global Head of Financial Crime Compliance, Airwallex
Presenters:
Carol Alexis Chen, Partner, Winston & Strawn LLP
Devesh Desai, Financial Crimes Unit Operations Leader, PwC
Frederick Reynolds, Chief Compliance Officer, BREX
Melissa Strait, CAMS, Chief Compliance Officer, Coinbase