However, your feedback is important to us. The colon is part of the large intestine, the final part of the digestive system. Its function is to reabsorb fluids and process waste products from the body and prepare for its elimination. The colon consists of four parts: descending colon, ascending colon, transverse colon, and sigmoid colon.
Electronic Banking, Check Fraud, and Positive Pay. Check fraud statistics. According to the FBI, fraud costs consumers, banks and businesses $18 to $20. billion per year. In a 2003 survey of member banks, the ABA found that losses from check. fraud cases totaled $677,000,000. American Bankers Association (ABA) states that an average of 1.2 million. fraudulent checks enter the system each day and losses are growing 2.5%. annually â in spite of declining check volume.
How Much Do Banks Lose to Fraud Every Year? written by: Winston Smithâ¢edited by: Ronda Bowenâ¢updated: 4/29/2011 The bank money lost in fraud amounts to millions of dollars per year. Criminals, computer errors, and dishonest employees are some of the main causes. Learn about bank fraud, how much money is lost, and how banks strive to prevent loss. By knowing how money is lost, you can better protect yourself. slide 1 of 4.