by Krystal Paco

Guam - According to Bank Pacific president Phil Flores the Guam Bankers Association will be meeting this Thursday to discuss recent reports of wire fraud.

Earlier this month the organization issued an advisory after receiving notice from several member banks about an increase in fraudulent activity.

Even as of last week KUAM was still receiving reports of wire fraud.

The GBA advises the public to carefully examine their checking / credit card transactions and statements to ensure they are valid and authorized.