About Frank Abagnale
Frank W. Abagnale is one of the world’s most respected authorities on the subjects of check fraud, identity theft, and secure documents. For over 35 years he has consulted with and lectured to hundreds of financial institutions, corporations, law enforcement and government agencies around the world. More than 14,000 organizations use his fraud prevention ideas and programs.
Mr. Abagnale has been associated with the FBI for over 35 years. He lectures extensively at the FBI Academy and FBI Field Offices. He has never taken compensation for the consulting work he has done for the government.
Mr. Abagnale is author and subject of the book Catch Me If You Can,
which was made into a blockbuster movie by Steven Spielberg, starring Leonard DiCaprio and Tom Hanks, and into a Tony-award winning Broadway musical.
Today, the majority of Mr. Abagnale's work is for the U. S. government. His company does not sell products or provide services with the exception of his public speaking engagements that are handled through Keppler Speakers (www.kepplerspeakers.com
) in Washington, DC.Mr. Abagnale believes that punishment for fraud and recovery of stolen funds are so rare, prevention is the only viable course of action.
SAFEChecks and Frank W. Abagnale
SAFEChecks, “The Check Fraud Specialists” manufactures the finest high security checks in America. We began in 1993 as a division of a Southern California business bank battling an epidemic of check fraud. Check fraud attempts at the bank had skyrocketed from $90,000 to $3,000,000 in just two years. Greg Litster, SAFEChecks' President, was then a Senior Vice President of the bank and was assigned responsibility for solving this crisis. At Mr. Litster’s recommendation, the bank hired Frank Abagnale as a consultant.
Mr. Abagnale’s first suggestions were for the bank’s customers to use high security checks and for the bank to use Positive Pay
. Reasonably priced high security checks did not exist at that time. Believing that companies of every size needed better protection from check fraud, Mr. Abagnale and Mr. Litster
designed America’s first true high security check, the SAFECheck. Mr. Litster organized the SAFEChecks Division within the bank, and encouraged the bank’s customers to use these new checks.
Over the next three years, fraud losses and fraud attempts dropped by 95%.
Mr. Litster acquired the SAFEChecks Division from the bank in 1997, and SAFEChecks has maintained an association with Mr. Abagnale since that time.www.abagnale.com
Click on the fraud bulletin image on the right to request a copy of Frank Abagnale's Fraud Bulletin: