You just sold your car to what appeared to be a regular guy. After some back and forth negotiations the buyer agreed to accept what you considered a fair price. You sign over the title to the buyer, give him the keys, and the buyer gives you an official cashier’s check for the purchase price […]
Counterfeit Checks Among Top Ten Consumer Complaints To FTC
March 8, 2011 By Leave a Comment
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 […]
Consumer Scams Involving Counterfeit Cashier’s Checks Continue
December 22, 2010 By Leave a Comment
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 […]
Counterfeit Cashier’s Checks Continue To Flood The Banking System
August 6, 2010 By 1 Comment
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 […]
Counterfeit Cashier’s Checks Big Problem For Consumers and Banks
August 14, 2009 By 1 Comment
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 […]
Why You Can’t Trust A Cashier’s Check
July 21, 2009 By 9 Comments
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 […]