The AARP Fraud Watch Network wants people to be aware that fake checks are featured in many types of scams, from phony prize winnings to fake jobs. Scammers have become very good at making phony checks look legitimate. Reporter Eric Knabe tells us how to spot a scam…(EK013)
Fake check scams typically involve sending victims a check, asking them to deposit it, and asking them to immediately wire the money to a third party once the check has cleared. Remember, a check can take weeks to clear. Wait until you are certain, and the bank can confirm, that your check has cleared before taking further action. If you wire money and later discover that the check was fake, you will be responsible for repaying the bank. Don’t become a victim, be a fraud fighter. If you can spot a scam, you can stop a scam.
