Anthony J. Madonia & Associates, Ltd.
  June 2015
Anthony J. Madonia & Associates, Ltd.
FROM ANTHONY MADONIA

Happy Summer! From graduations and weddings to outdoor events and vacation, summer is a busy time. We are finally out of hibernation and making up for lost time outdoors. While business events during the summer months seem to go on hiatus, this can be a good time to take a short pause and revisit your 2015 objectives, evaluate your Key Performance Indicators (KPIs), touch base with major clients and review your estate plan and assets.

If we can be of any help, the team at Anthony J. Madonia & Associates, Ltd. is available to assist in Providing The Right Direction™.

Tony Madonia

In this issue…

Client Spotlight: Paul Ziliak, CEO, xkzero

Anthony Madonia Gives Back to Community

Check Fraud and Who Pays? By Bruce Jackson, Esq.

Client Spotlight: Paul Ziliak, CEO, xkzero

xkzero is a software developer specializing in mobile sales applications integrated with accounting and ERP systems. Partner and co-founder, Paul Ziliak, worked for nearly a decade in public accounting. His CPA experience led him to a successful career consulting and selling ERP software systems before becoming an entrepreneur and starting xkzero in 2005.

Anthony J. Madonia & Associates, Ltd. provides business counsel services to xkzero as needs and issues arise for the firm and for its founder. Paul met Tony Madonia when Tony's firm needed software way back in Paul's software sales days. "Once you build an initial relationship, you always keep it in the back
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Anthony J. Madonia, Esq. Gives Back to Community

Anthony Madonia has been appointed Treasurer of the Safer Foundation, one of the nation's largest not-for-profit providers of services designed exclusively for people with criminal records. Focused on helping clients secure and maintain jobs, the organization offers the best chance at successful re-entry.

The Illinois Supreme Court Committee on Professionalism has selected Anthony J. Madonia to participate in the Mentor Program.

CHECK FRAUD: WHO'S RESPONSIBLE AND WHO PAYS?

Cash has dominated as a payment system since the concept's inception in ancient Mesopotamia. Over the millennia, though, a number of noncash payment systems, like checks, promissory notes, credit cards, debit cards, ACH payments, wire transfers, and, more recently, cryptocurrency (Bitcoins), have emerged as strong cash competitors.

Check Fraud Still Most Dominant Form of Fraud Fraudsters and cyber criminals have never been far behind in exploiting noncash payment systems. According to a 2014 survey on payments fraud and control, over half of corporate financial professionals who responded reported that their organization was a target of payment fraud. Check fraud was the most dominant form of fraud followed by fraud involving credit cards, debit cards, ACH payments and wire transfers.
[Read More]

IN THIS ISSUE
Welcome Note
Article 1:
Client Spotlight

Article 2:
Check Fraud

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Anthony J. Madonia & Associates, Ltd.

Businesses need support and advice. They especially need support in times of exponential growth, during economic challenges, and in transition.

Anthony J. Madonia & Associates, Ltd.

Anthony J. Madonia and Associates, Ltd. is a premier law firm located in vibrant downtown Chicago that focuses on Corporate Law, Mergers & Acquisitions, Taxation and Estate Planning.

For more information contact us at Info@Madonia.com
or 312-578-9300
VISIT OUR WEBSITE
UPCOMING EVENTS

AM&AA
Summer Conference
July 7 - 9, 2015



Anthony Madonia Panelist
July 7 at 3:30pm
Transition Session

Anthony J. Madonia & Associates, Ltd. | 312.578.9300
233 S. Wacker Drive, Suite 6825 | Chicago, IL 60606