Product: SuperBusinessCheck
Company: SAFEChecks and Frank W. Abagnale and Associates

According to statistics compiled by the watchdogs at the National Check Fraud Center (www.ckfraud.org), fraudsters forge more than 500 million checks each year, which results in annual estimated losses of $10 billion.

One man who knows a little something about financial scams is Frank W. Abagnale. A reformed check fraudster, Abagnale has worked for years with the FBI and Fortune 500 companies as an anti-fraud consultant. He is the subject of Steven Spielberg's movie, "Catch Me If You Can."

A few years ago, Abagnale introduced "SuperCheck," a personal check with more than a dozen security features (most personal checks have three or four) designed to thwart check fraud (see "Notice to Fraudsters: 'Cash Me if You Can,'" The Green Sheet, Feb. 24, 2003, issue 03:02:02).

Abagnale's latest creation is "SuperBusinessCheck," the result of his partnership with SAFEChecks, a high security check manufacturer. SAFEChecks said the product is virtually impossible to counterfeit or alter without leaving evidence of tampering.

The SuperBusinessCheck boasts more than 15 security features, including a Fourdrinier watermark, heat and ultraviolet light-sensitive ink and other chemically reactive properties. It is also imaging-friendly and Check 21-compliant.

Abagnale is scheduled to speak at the Northeast Acquirers' Association 20th Anniversary 2005 Summer Seminar and Outing, which will take place June 7 - 9 at the Wyndham Hotel in Wilmington, Del.

Frank W. Abagnale and Associates
P.O. Box 701290
Tulsa, Oklahoma 74170-1290
800-237-7443
www.abagnale.com

SAFEChecks
7525 Ethel Avenue, Suite L
North Hollywood, CA 91605
800-755-2265
www.safechecks.com