Assess whether to freeze, monitor, or close the account (54a05f)

SITUATION A check deposited in two banks the same afternoon put check-kiting multi-bank float map in front of bank BSA/AML case manager in a Medicare Advantage claims shop. This Fraud Detection / Payments Fraud close is to freeze, monitor, or from check-kiting multi-bank float map, and the live options are To freeze, monitor,, Close the account.

DECISION Bank BSA/AML case manager in a Medicare Advantage claims shop must choose To freeze, monitor, / Close the account using check-kiting multi-bank float map after a check deposited in two banks the same afternoon.

HYPOTHESES TO TEST 1. A check deposited in two banks the same afternoon is noise around an already-controlled Payments Fraud process in a Medicare Advantage claims shop, given check-kiting multi-bank float map. 2. A check deposited in two banks the same afternoon is the event in check-kiting multi-bank float map that forces To freeze, monitor, for bank BSA/AML case manager under Fraud Detection. 3. Check-kiting multi-bank float map shows a one-file miss after a check deposited in two banks the same afternoon, not a Payments Fraud program failure. 4. Check-kiting multi-bank float map cannot decide to freeze, monitor, or 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 1. Check mule or round-trip markers in check-kiting multi-bank float map. 2. Map typology and hold authority bank BSA/AML case manager actually has in a Medicare Advantage claims shop. 3. 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. 4. For this Fraud Detection Payments 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 to freeze, monitor, or for bank BSA/AML case manager.

RECOMMENDATION Choose To freeze, monitor, / Close the account on this Fraud Detection / Payments Fraud packet (check-kiting multi-bank float map after a check deposited in two banks the same afternoon). The follow-on Payments Fraud action is what bank BSA/AML case manager does next: implement the option, assign an owner, and log the missing fact.

COMMAND RETURNS - Bottom-line Fraud Detection option on to freeze, monitor, or, then the evidence in check-kiting multi-bank float map, then the action for bank BSA/AML case manager - Hypothesis scorecard against check-kiting multi-bank float map: supported / rejected / untestable - What changes to freeze, monitor, or if a check deposited in two banks the same afternoon is later withdrawn - Named option among To freeze, monitor,, Close the account and the fact that kills the others