Scam Alert: Check Fraud and You
Don't Fall For Fake Check Scams
The National Consumers League is alerting the public to the growing problem of fake check scams. Based on complaints reported to NCL's National Fraud Information Center/Internet Fraud Watch database since last December, when the fake check category was added, these scams are now the sixth most common Internet fraud. Consumers who reported fake check scams to NCL's fraud programs between January 1 and June 30, 2004 lost an average of $5,000. In many cases, the contact is initiated by email.
FTC Advice on Giving the Bounce to Counterfeit Check Scams
A new scam is swindling consumers: counterfeit checks that seem legitimate to both bank employees and consumers, but that leave unsuspecting consumers footing the bill. The Federal Trade Commission is issuing a new brochure, Giving the Bounce to Counterfeit Check Scams, which explains common angles used in these scams, the responsibilities of banks and consumers when it comes to counterfeit checks, and advice on how to avoid these increasingly common traps.
Page Last Reviewed or Updated: May 16, 2013
Stay Connected to USA.gov