Bay Street News

Old National joins movement to educate consumers on fraud

EVANSVILLE, Ind., Nov. 08, 2018 (GLOBE NEWSWIRE) —  Old National Bank is joining companies throughout the world to help educate and raise awareness about fraud during International Fraud Awareness Week (Nov. 11-17).  Fraud costs organizations worldwide an estimated 5 percent of their annual revenues, according to a study conducted by the Association of Certified Fraud Examiners (ACFE).

Old National Bank joins hundreds of organizations who have partnered with the ACFE, the world’s largest anti-fraud organization and premier provider of anti-fraud training and education, for the yearly Fraud Week campaign.

Old National is pleased to provide its fraud subject matter experts for interview opportunities about fraud awareness and how to protect yourself.  These experts include:

Please contact Kathy Schoettlin at 812-465-7269 to schedule an interview.

In addition, Old National has the following short videos on fraud awareness available on its YouTube channel:

Visit https://www.oldnational.com/security for more information and resources on fraud awareness.

“Fraud results in billions of dollars lost every year and reducing that loss and the number of victims is a priority for Old National.  That’s why we partner with law enforcement and other agencies to help educate and protect our clients and communities from this increasing crime,” said Candice Rickard, Old National Bank Chief Risk Officer.

ACFE CEO and President Bruce Dorris, J.D., CFE, CPA, said that the support of organizations around the world helps make Fraud Week an effective tool in raising anti-fraud awareness.

“The latest statistics tell us that fraud isn’t going away, and companies that don’t have protective measures in place stand to lose the most,” Dorris said. “That’s why it is reassuring to me to see so many businesses, agencies, universities and other organizations involved in the Fraud Week movement. The first step in combating fraud is raising awareness worldwide that it is a serious problem that requires a proactive approach toward preventing it.”

“Since our first Fraud Week almost 20 years ago, the movement continues to grow,” Dorris said. “I heartily thank all of the supporters of Fraud Week for making it what it is today.”

For more information about increasing awareness and reducing the risk of fraud during International Fraud Awareness Week, visit FraudWeek.com.

About Old National
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. Headquartered in Evansville with $17.5 billion in assets, it is a top 100 U.S. bank, the largest Indiana-based bank and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for seven consecutive years. For nearly 185 years, Old National has been a community bank committed to building long-term, highly valued relationships with clients. With locations in Indiana, Kentucky, Michigan, Minnesota and Wisconsin, Old National provides retail and commercial banking services along with comprehensive wealth management, investment and capital markets services. For information and financial data, please visit Investor Relations at oldnational.com.

About the Association of Certified Fraud Examiners
Based in Austin, Texas, the ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with nearly 85,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. For more information, visit ACFE.com.

Old National Contact:
Media Relations
Kathy A. Schoettlin (812) 465-7269