G&T Industries Fights Check Fraud Check fraud can cripple a growing business – learn how G&T fought back Check fraud was a real threat for Michigan-based G&T, but Payee Positive Pay from Bank of America Merrill Lynch (BofAML) has helped to catch fake checks before they cost money. Daryl Kragt takes check fraud seriously – and with good reason. As the CFO of G&T , an employee-owned business in Michigan, U.S., which specializes in foam fabrication and global sourcing, he has first-hand experience of what can go wrong. “ A few years ago, one of our checks was stolen out of a mailbox,” explains Kragt. “Whoever stole the check replaced the legitimate payee details with their own name and cashed the check. “ G&T , which has 230 employees and a four-strong finance team, has been using the Positiv

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