Nevada State Bank Combats Fraud with Launch of Web Site

Share Article

Nevada State Bank recently teamed up with Frank Abagnale, one of the world's most respected authorities on embezzlement and identity theft, to help Nevada combat fraud. The bank's new fraud awareness campaign is designed to protect small-business owners and consumers from the constant threat of fraud and identity theft.

Nevada State Bank

Nevada State Bank recently teamed up with Frank Abagnale, one of the world's most respected authorities on embezzlement and identity theft, to help Nevada combat fraud. The bank's new fraud awareness campaign is designed to protect small-business owners and consumers from the constant threat of fraud and identity theft.

The country's current economic troubles have created epidemic levels of fraud and identity theft. The numbers are quite staggering:

  •     Thieves are stealing identities at a rate of one every four seconds
  •     White collar crime costs every man, women, and child an estimated $500 per year
  •     285 million electronic records have been stolen by hackers

With help from Frank Abagnale, Nevada State Bank launched its new Fight Fraud website (http://www.nsbank.com/fightfraud) in an effort to raise awareness about the severity of this problem. The site provides a clear outline of the risks business owners and consumers face, as well as simple, low cost or no-cost actions to stop fraud. Through a series of brief videos, Abagnale describes exactly how thieves continue to profit from fraud and identity theft and what we can do about it.

If his name sounds familiar, it's because Frank Abagnale's life story was depicted in Steven Spielberg's 2002 blockbuster hit, "Catch Me If You Can." Frank Abagnale has been associated with the FBI for more than 30 years. More than 14,000 financial institutions, corporations and law enforcement agencies have used his fraud-prevention programs.

Abagnale's contribution to Nevada State Bank's site provides information on employee theft, check fraud, and fool-proof ways to spot counterfeit money. His combination of frightening facts and practical solutions makes his online presentations required viewing for any business owner or consumer who wants to fight fraud. Abagnale challenges the assumption that most fraud taking place today is online. The reality is, most fraud is not on the Internet and is quite often perpetrated by someone the victim knows or is familiar with.

To learn more about Nevada State Bank's program to fight fraud and identity theft, visit nsbank.com/fightfraud. The Bank launched a similar site earlier this year at nsbank.com/sba which provides information and frequently-asked questions on SBA lending, a primary funding source for small business. The bank plans additional sites throughout the year to provide businesses with key advice they need to succeed.

About Nevada State Bank
Nevada State Bank, with assets of more than $4.0 billion, is the fourth largest commercial bank in Nevada. Established in 1959, it is the oldest state-chartered bank in Nevada with a total of 59 branches statewide. Nevada State Bank is a full-service bank offering a complete range of consumer and business services. It is a subsidiary of Salt Lake City-based Zions Bancorporation (Nasdaq: ZION), one of the nation's premier financial services companies. With affiliates in 10 Western and Southwestern states, 136-year-old Zions Bancorporation has assets of $54.6 billion. For more information on Nevada State Bank, call 702.383.0009 or access http://www.nsbank.com.

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Robert Richardson

Sandi Milton
Nevada State Bank
702-855-4701
Email >
Visit website