Avoiding Check Fraud
- Waging war against check fraud starts with keeping checks out of the hands of thieves, literally.
- When mailing a paper check, make sure it’s put in a USPS mailbox near collection time. The longer the time before collection, the more opportunity to breach the mailbox.
- Mail the check at the Post Office yourself, or hand it to directly to your postal carrier for delivery.
- Keep an eye on checking accounts for any hint of check fraud. If you have a suspicion, immediately call your financial institution to report it.
A comment on the resurgence of check fraud, given by the senior VP of
cybersecurity and risk for the American Bankers Association, says
simply “It’s a big problem that’s getting worse…” Once again, consumers
are tasked with preventing a cybercrime, this time check fraud, from
Your Dicar networks Team