Assess whether a claims ring exists or is coincidental overlap (a001e2)

Situation

A check deposited in two banks the same afternoon put mule-account payroll deposit pattern in front of payments-risk officer in an ACH originating credit union. This Fraud Detection / Payments Fraud close is a claims ring exists from mule-account payroll deposit pattern, and the live options are A claims ring exists, Is coincidental overlap.

Decision

Payments-risk officer in an ACH originating credit union must choose A claims ring exists / Is coincidental overlap using mule-account payroll deposit pattern after a check deposited in two banks the same afternoon.

Hypotheses to test

• Authorize A claims ring exists now; mule-account payroll deposit pattern already has the discriminator after a check deposited in two banks the same afternoon.
• Keep Is coincidental overlap in force until mule-account payroll deposit pattern is completed after a check deposited in two banks the same afternoon for payments-risk officer.
• Treat mule-account payroll deposit pattern as A claims ring exists because both readings appear after a check deposited in two banks the same afternoon.
• Refuse a Fraud Detection close: payments-risk officer does not have the page a claims ring exists turns on in mule-account payroll deposit pattern.

Analysis required

• Trace funds, counterparties, and reversals in mule-account payroll deposit pattern through the window opened by a check deposited in two banks the same afternoon.
• Quantify loss if the hold is released before mule-account payroll deposit pattern is complete.
• Test a one-off dispute against the first edge of a scheme around a claims ring exists.
• For this Fraud Detection Payments Fraud file, read mule-account payroll deposit pattern against a check deposited in two banks the same afternoon and write the one fact that would move a claims ring exists for payments-risk officer.

Recommendation

Choose A claims ring exists / Is coincidental overlap on this Fraud Detection / Payments Fraud packet (mule-account payroll deposit pattern after a check deposited in two banks the same afternoon). The follow-on Payments Fraud action is what payments-risk officer does next: implement the option, assign an owner, and log the missing fact.