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Presentation Overview: We are excited to have Tom Cronkright, CEO of CertifID and previous wire fraud victim present during this webinar that is exclusive to IRELA members. He will provide an analysis of the fraud trends that rocked the industry this year and show examples of evolving fraud techniques that will increase the likelihood of funds diversion going forward. He will also review recent court decisions around in the standard of care and who is responsible for wire fraud losses. The session will end with a set of best practices that must be adopting to lower your risk of loss and empower you to protect your customers at a higher level.
Thomas W. Cronkright II Co-Founder & CEO, CertifID Co-Owner & CEO, Sun Title
Tom is the co-founder and CEO of CertifID, a real-time identity platform for real estate, mortgage and title industry professionals to authenticate parties in a transaction and securely transfer bank account information. CertifID guarantees each wire transfer up to $1,000,000 against fraud. He and his business partner, Lawrence Duthler, created the solution in response to a fraud incident they experienced in 2015 and the accelerating instances of fraud in real estate transactions.
Thomas W. Cronkright II is also the co-founder and CEO of Sun Title, one of the largest commercial and residential title agencies in Michigan and has been recognized as an Inc. 5000 company the last five consecutive years, 101 Best and Brightest Companies to Work For, and 50 Businesses to Watch in Michigan. Tom is a licensed attorney, and frequent national speaker on identity, cyber fraud, real estate and financial topics and an award winning business leader.
Please register in advance.
MCLE: IRELA members will receive one (1) hour of credit, at no cost. Non-members registration is $50 and includes MCLE credit.
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Telephone: (312) 600-7720 E-mail: info@irela.org
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