Bankers Tell Lawmakers Fraud is Growing Faster Than Defenses

Joseph J. Schuster recently testified before the U.S. House Financial Services Committee on the danger posed by new forms of financial fraud.

Joseph spoke as part of a hearing titled, Fighting Fraud on the Front Lines: Challenges and Opportunities for Financial Institutions. In the hearing, industry leaders, community bankers, and consumer advocates testified about how financial fraud has become more sophisticated, more coordinated, and more difficult to fight.

Joseph is a Partner in our Consumer Financial Services Group.

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