Beware of Check Fraud
Please be aware that fraudulent check schemes are on the rise. If you receive a check from someone you do not know, be very careful. You can and will be held responsible for any checks (including cashier’s checks) you deposit that are returned as fraudulent.
Common schemes are:
- Foreign lottery awards
- Personal assistant job offers
- Secret shopper scams
- Receiving “extra money” for the sale of an item with a request to send money back or to a 3rd party via Venmo, Cash App, PayPal, Western Union, MoneyGram, etc.
- Receiving money for renting an apartment or house
- Advertising fake items for sale or rent
- Send money to the other party, or any third party, through Western Union, MoneyGram, prepaid or gift cards, PayPal, Venmo, Cash App, or bank wires.
- Give out personal financial information (bank account number, social security, PayPal, etc.)
Checks you deposit may be returned as fraudulent even after any holds have expired. If you deal with people in distant locations, you are at risk!
More information is available here.