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.
1 Corporate Sector: The Association of Certified Fraud Examiners estimates the cost of fraud in U.S. organizations at 7 percent of annual revenues, or $994 billion. 2  Insurance Industry: The National Insurance Crime Bureau estimates the cost of fraud at a total of $20 billion a year.he precise cost of fraud throughout the United States is impossible to measure. However, many experts believe the cost of fraud has climbed will into the high multibillion-dollar range. Below are a few creditable costs of fraud estimates: