Acting Comptroller Discusses the Increasing Prevalence of Financial Fraud

WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed the rising challenge of financial fraud, emphasizing its pervasive impact on consumers and the broader financial system during a Women in Housing and Finance Public Policy Luncheon.

In his written remarks, Acting Comptroller Hsu underscored the need for collective action from all stakeholders, including banks, telecommunication companies, social media platforms, and regulatory bodies, to combat fraud.

Related Links

• Remarks (PDF)
• Acting Comptroller of the Currency Michael J. Hsu