Mr. Scanio has extensive experience in complex domestic and international litigation and regulatory matters, involving federal and state banking, financial transactions, insurance coverage, and contract and other commercial disputes.
Mr. Scanio represents banks, insurers and other companies in cases involving negotiable instruments under the Uniform Commercial Code (UCC), electronic bank payments, fraud, fiduciary duty, accounting, lender liability, loan losses, lost profits, statutory and regulatory violations, professional liability, class actions, and claims against the federal government. He advises clients as to liability, defenses and loss recovery on a wide range of bank fraud and corporate fraud schemes, including check fraud, credit and debit card fraud, unauthorized electronic funds transfers (EFT) including fraudulent wire transfers and ACH transactions, identity theft, check kiting, deposit account fraud, malware attacks, cybercrime, account takeovers, loan and mortgage fraud, embezzlement, and bank insider fraud.
He counsels banks, financial service firms and other clients on regulatory compliance, fraud prevention, policies and procedures, and risk management involving online banking, account opening, Bank Secrecy Act, money laundering, Know Your Customer, and check and wire fraud. He also advises clients on terms and conditions in deposit agreements, funds transfer agreements, online banking agreements, and other banking contracts. He has represented banks and other financial institutions in regulatory and corporate matters, including bank holding company, retail and electronic banking, lending and deposit activities, and privacy and compliance. He has acted as legislative counsel on financial modernization and legislation affecting financial services firms. His prior experience includes serving as in-house counsel with a large regional commercial bank.