Criminals keep finding new ways to steal checks. Here's how to avoid being the next victim

"Check washing" and "check cooking" are two new ways criminals can steal tens of thousands of dollars out of your account.
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How to check if someone opened a bank account in your name (and what to do next)

Fraudsters can open bank accounts using stolen personal information like your name, address, Social Security number, and existing account details. Check for unauthorized accounts by reviewing ...
American Banker

Regulators exploring policy changes to combat check fraud

Federal bank regulators are considering regulatory and supervisory changes to address the yearslong uptick in check fraud and other illicit payments activities. The Federal Reserve, Federal Deposit ...
AOL

‘Check washing’ costs Americans over $1 billion each year, says USPIS — how to spot it and protect your money

Despite seeming retro, check fraud is experiencing a surprising resurgence, with criminals stealing billions of dollars through these schemes. According to the U.S. Postal Inspection Service (USPIS), ...
The Business Journals

How Positive Pay safeguards companies from check fraud and other scams

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Check fraud remains one of the greatest fraud threats to ...
WRAL

Wake County woman warns of check fraud after $85 check altered to $4,000 via mobile banking

A Wake County woman nearly had thousands of dollars stolen after someone altered a check. Jane O’Connor and her husband noticed their checking account reflected a payment to a person they didn’t know ...
WGHP

Guilford County Sheriff’s Office sees increase in reports of fraudulent checks

GUILFORD COUNTY, N.C. (WGHP) — The Guilford County Sheriff’s Office said there has been a recent increase in check fraud reports. Many are tied to checks believed to have been stolen from mailboxes.