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Take Extra Measures to Help Prevent Check Fraud
- Check crimes are on the rise despite a decline in the use of checks, highlighting new criminal schemes.
- Stolen checks can be altered or signed for unauthorized withdrawals, posing a risk to account holders.
- Mail theft-related check fraud results in hundreds of millions of dollars in theft attempts each year.
- Around 50% of stolen check images are sold online within eight days of theft, increasing the potential for crime.
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58 Articles
58 Articles
Farm Talk Newspaper+57 Reposted by 57 other sources
Take Extra Measures to Help Prevent Check Fraud
(StatePoint) The use of checks may be declining, but check crimes are actually on the rise due to new, creative criminal schemes. Once a check is stolen, it can be altered or signed on your behalf to withdraw money from…
·Parsons, United States
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Total News Sources58
Leaning Left8Leaning Right4Center21Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 24%
C 64%
12%
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