Presumption Of Alteration Of Checks Under Reg CC: Another Take

Mealey's ( January 23, 2019, 11:10 AM EST) -- The following story, written by Ted Kitada from Wells Fargo Bank, follows up our story in the last issue of the newsletter concerning new amendments to Regulation CC. These amendments create an evidentiary presumption that a fraudulent check is “altered” rather than “forged.” This is an important issue for banks....