The most common type of check fraud is what’s known as check washing, where a criminal steals the check from the mail and proceeds to change information.
Check fraud has doubled since 2021 due to organized crime, forcing businesses to be extra cautious. Americans should minimize mailing checks and seek secure options like post office drop-offs, officials say.
Cases of Check Fraud Escalate Dramatically, with Americans Warned Not to Mail Checks arkansasbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arkansasbusiness.com Daily Mail and Mail on Sunday newspapers.
NEW YORK — Check fraud is back in a big way, fueled by a rise in organized crime that is forcing small businesses and individuals to take additional safety measures or to avoid sending checks through the mail altogether. Banks issued roughly 680,000 reports of check fraud to the Financial