That official looking bank check you receive in return for the sale of goods or services might actually be worthless.  The con men and criminals producing counterfeit bank checks has prompted the FDIC to issue numerous warnings about specific banks that have reported counterfeit checks drawn in their name. The FDIC has noticed explosive growth in counterfeit cashier’s checks, [...]

December 22, 2010 – FDIC Issues Alerts On Counterfeit Cashier’s Checks The reason why counterfeit official checks continue to appear is because they produce huge profits for criminals.  An unwary consumer, trained to believe that a cashier’s check is equivalent to cash, can be an easy mark for con men and criminals. The increasing number of counterfeit cashier’s [...]

Don’t Be A Victim Of Financial Fraud Involving Cashier’s Checks The increasing number of counterfeit cashier’s checks flooding the country continues to cause major problems for both banks and consumers.   The FDIC is routinely issuing special alerts on 15 to 40 banks per month that report counterfeit checks bearing their name. Counterfeit cashier’s checks represent [...]

FDIC Warnings On Counterfeit Cashier’s Checks The large number of counterfeit cashier’s checks flooding the country continues to cause major problems for both banks and consumers.  The prevalence of counterfeit cashier’s checks represents a major risk to consumers who can be held liable by their bank for the full amount of a deposited counterfeit check – [...]

Counterfeit Cashier’s Checks Flooding The Country Many consumers assume that a cashier’s check is equivalent to cash.  That belief is now dangerous to your financial health as a tidal wave of counterfeit cashier’s checks are now flooding the country.  The counterfeit cashier checks can be very similar to authentic teller checks.  The average consumer would not [...]