Have you ever been asked to deposit a check or money order on behalf of someone else? Scammers use sophisticated software, commercial laser printers and scanners, and blank check stock to produce counterfeit checks. Scammers identify people looking for quick cash and offer the opportunity to make money simply by depositing some checks. You are told to deposit the check in your own account and send a portion of it to someone else. The rest you keep as your payment. Once the cash is withdrawn and sent, you learn the check has bounced and that you are on the line for hundreds, if not thousands, of dollars. Be warned: Banks do not assume the losses in this case. You are responsible for the funds you deposit and withdraw from your account.
U.S. Postal Inspection Service and American Bankers Association Foundation (ABA) have established a partnership and ongoing awareness campaign to inform consumers and businesses about avoiding scams perpetrated through the U.S. Mail.
“The mission of the U.S. Postal Inspection Service is to safeguard our community from criminals who look to exploit them. That’s why the partnership between the Postal Inspection Service and the ABA Foundation is critical to ensuring consumers and businesses are aware of these scams – so they can prevent the losses that follow these attacks,” said Gary Barksdale, Chief Postal Inspector, U.S. Postal Inspection Service
Protect Your Business from Check Fraud (USPIS x ADA Foundation)
How to Avoid Money Mule Scam (USPIS x ADA Foundation)