Arkansas Attorney General Tim Griffin has assembled a team made of the Arkansas Bankers Association, the Arkansas Credit Union Association and other stakeholders working in banking and finance to fight financial fraud.
The Financial Fraud Taskforce will be led by the Attorney General’s Office’s Public Protection Division and will meet quarterly. The meetings will provide opportunities for industries impacted by financial fraud to share information with the Attorney General so his office can be better equipped to stop these crimes.
In a press release from the Attorney General’s Office, Tim Griffin says:
“Financial fraud isn’t a new problem, but we’re taking a new approach to fighting it. Utilizing the successful model we’ve built to address other types of crime, such as organized retail crime and human trafficking, I have formed a Financial Fraud Task Force that will include the Arkansas Bankers Association, the Arkansas Credit Union Association, and other stakeholders working in banking and finance.”
“Our task force, which will be led by my office’s Public Protection Division, will meet quarterly. The meetings will be an opportunity for the industries that are most impacted by these types of crimes to share information and intelligence with my office so that we can be better equipped to track down perpetrators of financial fraud and bring them to justice.”
“Additionally, my office keeps tabs on what is happening around the country when it comes to fighting and preventing financial fraud, so there is valuable information and resources we can share with these industries.”
“I believe in the power of collaboration and cooperation. If we want to be successful in combating the financial fraud being committed against Arkansans, we will be far more effective together than alone.”
The Task Force held its first meeting Wednesday following the announcement of its formation.
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