Empowering Utah: Strategies and Insights to Combat Fraud

United Against Fraud Conference: Addressing Rising Fraud Issues

The Utah Fraud Prevention Coalition is gearing up to host its much-anticipated event, the United Against Fraud Conference, aimed at bringing together various stakeholders to combat fraud. This event will be held at the Zions Bancorporation Technology Center in Midvale, providing a platform for discussions around fraud prevention in the community.

Understanding the Impact of Fraud

Fraud has reached alarming levels, with reports indicating that Americans lost over $10 billion to fraud in recent times. Utah has also seen its share of these challenges, experiencing losses exceeding $110 million within the last year. The community faces threats from various scams, including identity theft and phishing schemes, which have become prevalent concerns.

Voices from the Industry

Howard Headlee, a prominent figure within the banking sector, highlights the ripple effects fraud has on trust in financial institutions. His words underline the necessity of collaboration among banks, credit unions, and law enforcement to develop effective strategies that prioritize the safety of individuals and businesses.

Insights from Renowned Speakers

This year’s lineup includes notable speakers such as Melissa Holyoak, a key Commissioner from the Federal Trade Commission. Experts like Paul Benda from the American Bankers Association will also share critical insights on risk management and fraud prevention, enriching the conference with their extensive knowledge.

Equipping Attendees with Knowledge

Participants of the conference will benefit from valuable sessions focusing on the latest trends in fraud, cybersecurity concerns, and best practices for prevention. Each session aims to blend national expertise with local case studies, equipping attendees with actionable insights to better protect their communities.

Connecting Experts and Communities

Rusty Cannon, representing the Utah Credit Union Association, emphasizes the need for innovative responses to fraud as its tactics continuously evolve. By building connections between national experts and local stakeholders, the conference aims to empower consumers with the knowledge they need for effective self-protection.

The Role of the Utah Fraud Prevention Coalition

The Utah Fraud Prevention Coalition comprises numerous partners, including banks, credit unions, and government agencies, all united in a mission to safeguard the financial security of Utah residents. Their collective efforts aim to enhance education, foster collaboration, and advance proactive prevention methods.

Spotlighting Scams and Raising Awareness

Mary Woodard, engaged in communications for the Coalition, stresses the importance of awareness in preventing scams. The conference seeks to illuminate the latest fraudulent schemes, ensuring community members notice, question, and act against potential threats. Increased awareness can play a crucial role in saving money and securing peace of mind for Utah residents.

Event Registration and Details

Those interested in participating can register for the conference online until the end of September. The cost of attendance is set at $75 per person, with discounts for government and nonprofit employees. A virtual participation option is also available for a fee of $25, ensuring broader access for those unable to attend in person.

Conference Schedule

The day of the conference will begin with registration from 8:00 AM to 9:00 AM, followed by a series of informative sessions running until 4:30 PM. This structured agenda aims to maximize learning and networking opportunities among attendees.

About the Coalition

The Utah Fraud Prevention Coalition represents a collective effort of various stakeholders vested in combating fraud. This alliance focuses on financial security and aims to improve the awareness and preparedness of the community against fraud and scams.

Frequently Asked Questions

What is the purpose of the United Against Fraud Conference?

The conference aims to unite different stakeholders to share knowledge and strategies for combating fraud effectively.

Who are the key speakers at the conference?

Notable speakers include Melissa Holyoak from the Federal Trade Commission and experts from the American Bankers Association.

How can one register for the event?

Registration can be completed online through the respective websites of the Utah Bankers Association and Utah Credit Union Association.

What is the cost of attending the conference?

The attendance fee is $75, while law enforcement and nonprofit staff can attend for $35, with a virtual option at $25.

Who is involved in the Utah Fraud Prevention Coalition?

The coalition comprises banks, credit unions, law enforcement agencies, and government leaders working together to prevent fraud.

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