These days, a growing percentage of banking is done
electronically. With the advent of the smartphone came new and exciting ways
for people to keep track of their personal and business finances. As technology
evolves, however, the opportunity for wire fraud grows. Wire fraud is becoming
just as sophisticated as the banking technology it exploits, and since it is
always changing, it can be extremely difficult to explain to a jury of people
who probably aren’t familiar with this type of malicious technology.
In order to prove that wire fraud occurred, it takes someone
who is well-versed in bank and credit statements and displays the attention to
detail that can easily point out and explain any discrepancies. A litigation support
specialist who knows how banking works can analyze a bank’s documents and,
using experience and knowledge gained in the field, can explain why or why not
the questionable transactions are legal. If the specialist sees something out
of the ordinary that might not be initially apparent to the layperson, he or
she can explain to the jury where the inconsistencies are and how they may
indicate fraudulent wire transactions.
As people grow more and more dependent on state-of-the-art
technology to perform banking tasks, banks need to be held accountable whenever
the threat of wire fraud is accountable. Sound testimony from a litigation
support specialist will absolutely help.
