Breakout Session #9

Jack Kelley

Synthetic Identities: A Top Threat for Credit Unions in 2017
Jack Kelley, Tinker FCU

Typically, fraudsters will use a real social security number and pair it with a name not associated with that number. Fraudsters seek SSNs that are not actively being used, such as those of children and the deceased. In some cases, an identity fraudster may create a completely fake identity with a phony SSN, name and address. Or, use a real name, date of birth, and a fraudulent social. Tinker Federal Credit Union experienced this type of fraud with high end vehicles loans in 2016.  This presentation will discuss the synthetic fraud observed in 2016 with Tinker Federal Credit Union, how TFCU found the fraud, controls put in place to combat it, and where the investigation is now.    

About Jack Kelley

Jack Kelley is a retired law enforcement officer from the Midwest City Police Department. Jack served the citizens of Midwest City, OK for 23 years before retiring in 2011 as the Commander of the Fields Operation Bureau, where he was directly responsible for managing 107 sworn officers. Jack specialized in investigating major felony crimes, including homicides, robberies, drug crimes, elder abuse, child abuse, gang crimes, and white collar crimes. He is a graduate of the FBI National Academy, Session 228. He has received numerous awards and commendations during his extensive law enforcement career.

Jack’s retirement lasted four months. He went on to serve one year with the U.S. Marshals Service before becoming the AVP/Fraud Manager for Tinker Federal Credit Union, the largest credit union in Oklahoma. In his current capacity, Jack oversees all aspects of fraud that impact the credit union and its members. He works closely with local, state, and federal law enforcement agencies, as well as other financial institutions, to ensure fraudsters are criminally charged with the crimes they commit.

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