Assess whether linked accounts should be treated as one case (7fdcc7)

Situation

After a check deposited in two banks the same afternoon, check-kiting multi-bank float map is what wire-desk escalation officer can touch in a Medicare Advantage claims shop. Fraud Detection will live with Remove access or reverse the item versus Temporary compensating control on this Mortgage Fraud file.

Decision

Wire-desk escalation officer in a Medicare Advantage claims shop must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using check-kiting multi-bank float map after a check deposited in two banks the same afternoon.

Hypotheses to test

• A check deposited in two banks the same afternoon is noise around an already-controlled Mortgage Fraud process in a Medicare Advantage claims shop, given check-kiting multi-bank float map.
• A check deposited in two banks the same afternoon is the event in check-kiting multi-bank float map that forces Remove access or reverse the item for wire-desk escalation officer under Fraud Detection.
• Check-kiting multi-bank float map shows a one-file miss after a check deposited in two banks the same afternoon, not a Mortgage Fraud program failure.
• Check-kiting multi-bank float map cannot decide linked accounts should be yet after a check deposited in two banks the same afternoon; hold is the only Fraud Detection close a Medicare Advantage claims shop can defend.

Analysis required

• Map typology and hold authority wire-desk escalation officer actually has in a Medicare Advantage claims shop.
• Trace funds, counterparties, and reversals in check-kiting multi-bank float map through the window opened by a check deposited in two banks the same afternoon.
• Quantify loss if the hold is released before check-kiting multi-bank float map is complete.
• For this Fraud Detection Mortgage Fraud file, read check-kiting multi-bank float map against a check deposited in two banks the same afternoon and write the one fact that would move linked accounts should be for wire-desk escalation officer.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Fraud Detection / Mortgage Fraud packet (check-kiting multi-bank float map after a check deposited in two banks the same afternoon). Lead with the Fraud Detection option check-kiting multi-bank float map can support after a check deposited in two banks the same afternoon, then the two facts that force it, then the Monday action for wire-desk escalation officer in a Medicare Advantage claims shop.