AG Griffin forms Financial Fraud Task Force

Arkansas Attorney General Tim Griffin announced Wednesday (April 23) that he has formed a Financial Fraud Task Force to be led by his office.

“Financial fraud isn’t a new problem, but we’re taking a new approach to fighting it. Utilizing the successful model we’ve built to address other types of crime, such as organized retail crime and human trafficking, I have formed a Financial Fraud Task Force that will include the Arkansas Bankers Association, the Arkansas Credit Union Association, and other stakeholders working in banking and finance,” said Griffin.

The task force, will be led by the AG’s Public Protection Division and will meet quarterly. The meetings will be an opportunity for industries that are most impacted by these types of financial crimes to share information and intelligence with law enforcement and the AG’s office to better track down perpetrators of financial fraud.

“My office keeps tabs on what is happening around the country when it comes to fighting and preventing financial fraud, so there is valuable information and resources we can share with these industries,” said Griffin. “I believe in the power of collaboration and cooperation. If we want to be successful in combating the financial fraud being committed against Arkansans, we will be far more effective together than alone.”

The Task Force held its first meeting Wednesday following the Attorney General’s press conference to announce the formation of the Task Force.

As part of its ongoing development, the Office of the Attorney General plans to expand the group of partners before the next meeting.