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Press Releases

Fraud Fighter™ Releases Next-Generation White Paper on Counterfeit Fraud Prevention – Tips, Tools and Techniques

Posted by Bob Nance on Aug 17, 2011 11:19:00 AM

Counterfeit WhitepaperGlendora, CA (Aug. 17, 2011) – A timely, up-to-date and empowering white paper tells organizations how to protect themselves from potential losses from common types of fraud that have resulted in worldwide losses exceeding $1 trillion annually. The authoritative document, “Fraud Fighter™ Counterfeit Fraud Prevention – Tips, Tools and Techniques: An Overview of Counterfeit Document Fraud and the Methods Available to Detect & Deter It” was authored by Sean Trundy, Chief Operating Officer of UVeritech, Inc., to help businesses learn the best practices to detect fraudulent instruments at the time they are presented.

Earmarked as an important, up-to-the-minute and proactive document, this white paper attempts to help organizations to deal with fraud by updating their knowledge about the problems and available active solutions.  By downloading a copy of this whitepaper, companies can learn “fraud type by fraud type” about the nature of counterfeit fraud and how to deter and detect fraudulent activity.  By doing so, companies will become equipped to fight fraud in the most effective means possible -- through prevention.

Topics of the 38-page white paper include a comprehensive overview of counterfeit fraud as well as best-practice fraud prevention techniques designed to thwart modern counterfeiters.  According to the document, new technology enables perpetrators at all levels of sophistication to attack a wide range of retail establishments, including supermarkets, mass merchandisers, convenience stores and other kinds of businesses.  Ahead of the curve, advanced yet simple forms of new technology can prevent such fraud, and the white paper provides detailed backgrounds on the options available.

As the white paper explains, growth trends for criminal fraud of almost every type have shown a steady and consistent pattern of year-over-year increases.  With fraud and counterfeiting encompassing many new forms, the incidences and quality of currency counterfeiting, one of the oldest crimes in human history, are significantly on the rise and are causing worldwide financial losses while spawning many tedious regulatory requirements. 

UVeritech’s principals and affiliate partners form a leveraged knowledge base having been engaged in the profession of loss prevention, law enforcement, security and counterfeit detection issues since 1962.  Since pioneering solutions that addressed the point-of-transaction document fraud industry by designing and manufacturing breakthrough products that effectively filter real-world, fraudulent transaction activity before it occurs; the company continues to be the leader of innovation in the area of fraud prevention detection and compliance management.

 

Established in 2000, Fraud Fighter is a leading provider of counterfeit detection and fraud prevention solutions. The company’s principals and affiliates have been engaged in loss prevention, law enforcement, security and counterfeit detection issues since 1962. Their extensive expertise has positioned Fraud Fighter as the preferred industry partner and a leader of innovation in the area of fraud prevention and compliance management. As a fraud prevention pioneer, Fraud Fighter was the first company to address the point-of-transaction document fraud industry by designing and manufacturing breakthrough products that effectively filter real-world, fraudulent transaction activity before it occurs. This is achieved by efficiently testing every document that is presented—verifying identification, validating credit cards, and authenticating traveler checks, coupons, gift cards, and more. A privately-owned company, Fraud Fighter is headquartered in Glendora, California. 

For more information about the comprehensive white paper, click here or visit www.fraudfighter.com.

 

Media contact information: 

Impresse Marketing

James Aitchison, President

714-888-4252

james@impresse.us

Topics: Fraud Prevention Tips, Counterfeit Fraud, Counterfeit Detection

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