PORTLAND, Ore., Apr 15, 2003 (BUSINESS WIRE) -- Media note: This is an
invitation event that media are welcome to attend. We ask that you reserve a
seat by calling (503) 275-5776. Abagnale will answer questions related to his
presentation.
As the technology for counterfeit checks becomes increasingly sophisticated,
more and more businesses are dealing with the reality of check fraud. To address
this issue with its customers, U.S. Bank will host world-famous white-collar
crime expert Frank Abagnale who will present his seminar on check fraud on
Wednesday, April 16 at 8 a.m. at the Oregon Convention Center, 777 N.E. MLK Jr.
Blvd. in Portland.
The seminar will provide attendees with the latest information on how to protect
their institutions and corporations from forgery and check fraud. Topics will
include:
-- current trends and statistics for check fraud;
-- new counterfeiting technologies and forgery methods;
-- potential liability for companies under the Revision to the
Uniform Commercial Code 3-406;
-- strategies and techniques for securing company documents;
-- recognizing forged checks at point of sale; and
-- treasury management products that can help you reduce check
fraud losses."We're thrilled to offer our customers the opportunity to reduce their exposure
to fraud and forgery through Mr. Abagnale's teachings," said Joseph Otting, U.S.
Bank Market President for Oregon. "Mr. Abagnale is one of the world's leading
authorities on check fraud who has consulted with hundreds of financial
institutions and corporations for the past 25 years on white-collar crime."
Abagnale's rare blend of inside information and expertise began with his own
personal experiences. Apprehended by French police when he was 21 years old,
Abagnale had already cashed more than $2.5 million in counterfeit checks. His
autobiography, titled "Catch Me If You Can," reached the top 10 best seller list
of Time Magazine and The New York Times within two weeks. DreamWorks
Entertainment released the motion picture of Abagnale's autobiography last year.
U.S. Bancorp, with assets in excess of $182 billion, is the 8th largest
financial services holding company in the United States. The company operates
2,200 banking offices and 4,582 ATMs, and provides a comprehensive line of
banking, brokerage, insurance, investment, mortgage, trust and payment services
products to consumers, businesses and institutions. U.S. Bancorp is home of the
Five Star Service Guarantee which assures customers of certain key banking
benefits and services or customers will be paid for their inconvenience. U.S.
Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at
usbank.com.
CONTACT: U.S. Bank
Teri Charest, 612/303-0732
Linda Wright, 503/275-5776
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SOURCE: U.S. Bank