Meeting/Event Information

Lunch & Learn Webinar Series - Wire Fraud Prevention Tech to Prevent Fraud & Lower Cost

 

April 12, 2023 - April 12, 2023
12:00 AM - 1:00 PM
Add to Calendar

 

Via Webinar

CLICK HERE TO LISTEN TO THIS WEBINAR RECORDING

Wire fraud is a growing problem!  Learn what to watch out for and how to deal with fraud when it happens!  In this session, Adam and Ike will cover these questions:
    1. What is the current risk environment for wire and title fraud. 
    2. What is driving the risk?
    3. Cybersecurity and insurance, why is insurance not an effective measure to manage wire and title fraud risk?   
    4. How are lenders managing the risk with technology? 

When: Wednesday, April 12, 2023 - 12:00 - 1:00 P.M.
Where: 
ZOOM Webinar (NOTE: we will send out ZOOM info the day before the webinar)
Cost: 
FREE/members and non-members

Speakers

Adam Chaudhary, FundingShield, LLC

Adam serves as the President of Fundingshield, LLC, a loan level fraud prevention & risk management company that provides technology based solutions to help mortgage lenders manage the funding process and avoid wire fraud schemes.  The firm has a unique loan level verification approach that has been used on over $900 Billion of closings. Adam J. Chaudhary is currently the President of Pelican Point Investments Group LLC (“PPI”), a boutique Private Equity & Merchant Bank in Newport Beach, California.  Prior to PPI, he was the Managing Director for Pelican Point Capital Partners, LLC., Vice President at Royal Bank of Scotland (RBS) responsible for US Dollar structured funding and managed the cross asset solutions team. In these roles, he developed and executed secured borrowings and capital solution products and oversaw the development of interest rate, FX, equity, credit hedging and alpha products for banks, insurers, hedge funds and specialty finance companies. At RBS, he also conducted the successful workout and renegotiation of a USD 9 billion loan portfolio while living between London and New York and also worked with Her Majesty’s Treasury risk consultants in defining the scope and need for portfolio insurance products.

Previously, Adam was a trader in the Fund Derivatives Group at Greenwich Capital where he risk managed a USD 5 billion portfolio of loan and derivative products secured by fund equity for global hedge funds & fund of hedge funds.

Ike Suri, FundingShield, LLC

Ike Suri serves as the Chairman & CEO of Fundingshield, LLC, a loan-level fraud prevention & risk management company that provides technology-based solutions to help mortgage lenders manage the funding process and avoid wire fraud schemes. The firm has a unique loan-level verification approach that has been used on over $900 Billion of closings. Ike also is currently the Chairman and CEO of Pelican Point Investment Group LLC (“PPI”), a boutique Private Equity & Merchant Bank in Newport Beach, California. Prior to PPI, Ike was the Co-CEO and Co-Founder of Pelican Point Capital Partners, LLC for three years. He also has served as a CEO, Chairman, board member and advisor to private and public companies and continues to advise companies as an adviser, principal & owner/operator. Ike is a “serial entrepreneur” and a founding charter member of The IndUS Entrepreneurs (TiE- South Coast). He served as a board member of Trilennia Group, a mid-market merchant banking firm and a member of the Turnaround Management Association (TMA). Ike is a Co-Founder and was Co-President and CFO for Options Group, a leading Wall Street-based executive search and consulting firm with offices in 11 countries. Ike served as CEO and Chairman of Paradise Multimedia, Inc., a spin-off acquired from Phillips Corp. of NA. He also served as Chairman and CEO of Pacific Rim Entertainment Inc., a prime-time animation production company of which he sold select assets to Disney.

Ike originated structured and integrated acquisitions in 6 technology consolidation/roll-ups in the networking spectrum and related industries. From networking technologies in Ethernet, Token Ring, switches, routers, fiber optic codecs (applications) and wireless synthesizers, his team acquired these companies from companies such as Raytheon, Rockwell Network Systems, Westinghouse, Meret Optical, Sciteq, Relialogic and Phillips.

 


Don't miss on any of our Lunch & Learn Webinar Series! Click on the links below to register for each webinar!

April 26 - In-Person Electronic Notarization (IPEN): The Simple Way to Close Loans Electronically and Efficiently
May 3 - Appraisals – Frequently Asked Questions


           

Platinum Corporate Partners