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SWACHA and the Albuquerque FBI to Help Financial Institutions Prevent Fraud at Financial Institution Crime Day

Dallas, TX, May 25, 2011 --( To help local banks and credit unions reduce their exposure to fraud, Dallas-based SWACHA has teamed up with the Albuquerque office of the Federal Bureau of Investigation to host a Financial Institution Crime Day in Albuquerque on May 26, 2011. SWACHA is one of the largest not-for-profit regional electronic payments associations in the country with many members in the Albuquerque area.

Security against financial crimes is an important issue for security professionals and compliance officers at financial institutions along with law enforcement officials in the Criminal Intelligence and White Collar Crime Departments in the state as New Mexico is currently ranked ninth in the country for identity theft cases per capita with 88 victims per 100,000 people, according to the Bureau of Justice Statistics.

“Financial crime is a rising concern in New Mexico and throughout the U.S., so it is vital that financial institutions have the most updated security to protect themselves from fraudulent activity,” said Dennis Simmons, AAP, SWACHA President and CEO. “There were nearly 180,000 phishing attacks reported in the U.S. last year. This seminar will teach financial institutions and white collar law enforcement officials how to prevent these attacks as well as other financial crimes.”

The Financial Institution Crime Day will cover issues such as white collar crime, fraud, robbery and identity theft, social security protection, electronic pickpocketing, and cyber-crime trends within the city of Albuquerque area and across the nation.

“The FBI is glad to partner with SWACHA to host this important educational event. Financial fraud results in billions of dollars of losses annually in the United States,” said Carol K.O. Lee, Special Agent in Charge, FBI Albuquerque Division. “We are committed to aggressively investigate significant financial crimes, and we depend on the strong relationships we have with our law enforcement, regulatory and industry partners. “

The Financial Institution Crime Day will feature the following key speakers:

· Tim Quisenberry, AAP, Senior Vice President of Member Services, SWACHA
· Robert Latimer, OIG, Social Security Administration
· Julia A. Cowley, Critical Incident Response Group, FBI Albuquerque Division
· Mark Fidel, President, Srinivas Mukkamala, Chief Technology and Operations Officer, CAanes, LLC

The event will be held from 8 a.m. to 4 p.m. at the Albuquerque Marriott Pyramid North at 5151 San Francisco Road NE. For more information visit

SWACHA-The Electronic Payments Resource®, is one of the largest not-for-profit regional payments associations in the country with approximately 1,100 members across the Southwest. SWACHA is the resource of choice for financial institutions and corporations in the areas of education, training, payments system risks and knowledge about electronic payments. For more information, visit

Contact Information
Granado Communications Group
Chris Martin

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