Please join us for a free (virtual) Compliance Council Meeting!
The agenda will include:
PPP Loan Fraud how to identify, mitigate, and return funds. Credit unions and financial institutions across the US are seeing incoming ACH credits that appear to be the proceeds of PPP loans. However, they are not and the members are likely victims of a scam. The proceeds in some cases are payable to the member, however, these members never applied for a PPP loan and in other cases, the ACH credits are received with a different name entirely.
Special Agent Sara Oliver - Office of Inspector General, US Small Business Administration
Special Agent Eileen Rodrigues - Office of Inspector General, US Small Business Administration
Current Compliance Hot Topics
NCUA Supervisory Priorities
Recent BSA Advisories
COVID and Compliance