OPEN’s financial expert, Mike Periu, on protecting against new small-business fraud.
Frank Abagnale became a household name when Leonardo DiCaprio starred in the movie Catch Me If You Can based on Abagnale’s infamous frauds as a youth. For the past 30 years, he has used his expertise to prevent fraud instead of causing it. Abagnale recently discussed in a webcast how small businesses are being targeted by new types of check fraud. While consumers have largely abandoned checks for electronic payments, most business-to-business payments still take place using paper checks. Fraudsters are now cashing checks twice; first electronically using bank services that allow you to take a picture of a check to cash it and later taking the physical check to a check cashing center and cashing it in again. There are simple steps, Abagnale says, to minimize other types of check fraud such as buying “anti-fraud printers,” which can protect printed checks from being forged or scanned.
Who is Mike Periu?
Mike Periu is the President of Proximo, LLC, a company that markets education and training programs to small business owners, entrepreneurs and consumers.
Mike Periu has been interviewed over 500 times for broadcasters including CNN, NBC TVE, RTE and others. Mike is a contributing author to OpenForum, Yahoo! Finanzas and the Huffington Post.
Mike graduated from Georgetown University in Washington, DC. His degrees are in Finance and International Business. In addition to his work Mike is also on the Board of the Council for Economic Education.
Learn more about Mike Periu
Mike works with small businesses to teach them about finance and management. He started Proximo, LLC, a company that offers small business education and training services focused on finance and technology.
Periu also writes for OpenForum, Yahoo! Finanzas the Huffington Post contributor.
Mike went to Georgetown University where he studied Finance and International Business. He also serves on the Board of the Council for Economic Education and was a Fellow at the Kauffman Foundation.
