Can you get scammed if someone sends you a check?

Can you get scammed if someone sends you a check?

If someone you don’t know sends you a check and asks for money back, that’s a scam. Fake checks come in many forms. They might look like business or personal checks, cashier’s checks, money orders, or electronic checks. Here’s what you need to know about fake check scams.

How do you verify if a check is real or fake?

How to Spot a Fake Check

  1. Make sure the check is issued by a legitimate bank and doesn’t have a fake bank name.
  2. Look for check security features, such as microprinting on the signature line, a security screen on the back of the check, and the words “original document” on the back of the check.

Will a bank tell you if a check is good?

To verify a check, you need to contact the bank that the money is coming from. Find the bank name on the front of the check. Search for the bank online and visit the bank’s official site to get a phone number for customer service. Tell the customer service representative that you’d like to verify a check you received.

What happens if someone deposits a fake check in your account?

If you deposit a fake check, it can take weeks before the bank realizes that it’s counterfeit. Once the check is returned unpaid, the check will bounce — meaning it can’t be cashed — even if you didn’t know that the check was bad. And you’ll likely be responsible for repaying the bank the amount of the faked check.

How much money are you losing to fake check scams?

Over the last several years, the number of fake check scams reported to the FTC has steadily increased, and so have the dollars lost. In its most recent Data Spotlight, Don’t bank on a “cleared” check, the FTC reports that consumers lost more than $28 million to fake check scams in 2019 alone. The median loss reported was $1,988.

How does advanced Fraud Solutions detect fake checks?

Advanced Fraud Solutions compiles fake checks alerts from financial institutions, adding about 150,000 new alerts monthly. They report users have experienced a 70 percent reduction in fake check fraud. Advanced Fraud Solutions says that every financial institution in the U.S. has had its checks counterfeited, typically as bogus cashier’s checks.

Where can I get help with fake check fraud prevention?

The American Banker’s Association has resources for consumers. Publishers Clearing House helps you check if you have won their sweepstakes, or complain about sweepstakes scams. Organizations such as BBB and regulatory agencies should do more to provide fake check fraud prevention education.

How common are complaints about fake checks?

The National Consumers League (NCL), which also receives complaints from fraud victims at, found that fake checks complaints in 2017 were up 12 percent and were the second most common type of complaint over all (after goods ordered online but never delivered).

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