the poor dad
My check fraud rant via video for any interested in listening....
USPS and FBI are investigating it. Thus far they are identifying it as organized crime activity. Bad news is that it may be organized from outside of the Country. I don't like using electronic transfer. This is because of the potential of even larger sums stolen from the account.Last month, I had 5 checks stolen out of the mail system, more than likely at the Capitol Heights mail processing facility. One of those checks was altered and attempted to cash for more than $14,000! Luckily my bank caught it and called me before clearing it. The other 4 checks never showed up to the vendors I was paying, nor were they tried to cash by anyone else. Unfortunately it has been a lot of headaches for me, closing my checking account, opening a new one, and issuing new checks and begging the vendors not to add late charges. One of the stolen checks was to SOMD Online for my ads - luckily Vrai didn’t charge me interest or put me on the naughty list. I’m still fighting with QuikBooks to set up my new account for my employees direct deposit of paychecks.
The manager at my bank told me he had 5 other businesses In this situation the same week as me. I was telling a fellow business owner about my situation and 3 days later he had the same thing happen - someone attempted to cash one of his checks for more than $9,000. My daughter did a notary last week for another of our local businesses with the same issue - $7,000 check stolen out of the mail and tried to cash.
I‘ve called USPS and filed a report but doubt anything will happen. I will try to call SMC Sherriffs office this week to See if there is anything they can do. I think this is all part of the bigger plan to foster more distrust in the postal service and force us into all digital banking so the government can more easily track ALL of our financial transactions.
PRINCE FREDERICK, Md. – The Calvert County Sheriff’s Office has received several reports of checks being stolen and altered after they have been placed in the mail. The Criminal Investigations Bureau (CIB) is investigating these crimes in conjunction with the United States Postal Inspection...thebaynet.com
Read an article on Fox today stating that numerous people had been caught in the LA region for this same thing. We need them to be shut down on the east coast as well.USPS and FBI are investigating it. Thus far they are identifying it as organized crime activity. Bad news is that it may be organized from outside of the Country. I don't like using electronic transfer. This is because of the potential of even larger sums stolen from the account.
I know if I cash even a very low value check at the Credit Onion, they stare at the check and go over it with a fine toothed comb before accepting it.How does this keep happening, what banks are cashing these checks
Good question. I just spent/wasted the morning at the bank, dealing with closing the account, filing the fraud paperwork, new accounts...all that crap.How does this keep happening, what banks are cashing these checks
Just went back several months and discovered another stolen and modified check that was successfully cashed...for $10K. We've also tentatively identified more than a dozen checks that have most likely been stolen but have not been successfully cashed yet.what bank accepted this ? sounds fishy
This is exactly what just happened to us...even that it was a Chase bank that accepted the bogus checks.Had 3 business checks as fraud past week alone. In my case, someone completely fabricated fake checks using a scan of my signature and the correct routing/account numbers. Checks were similar but slightly different. Then they were deposited into a chase account using their image to deposit system. Seems simple to prosecute since deposited into the perps account but i dont think law enforcement puts too high a priority on it. In each case i was able to get my bank (PNC) to reverse since caught early. But talking to alot of friends with local businesses and finding the same things happening to them. Getting to the point where banks are setting up online systems for businesses to pre authorize valid checks and automatically deny others. Low lifes never cease to amaze me. They are not being prosecuted so there is no deterrent.
The checks are being chemically washed to remove the to name and amount. The cleaned checks are being sold on the dark web. The cashed checks are not being cashed by the actual original thieves.Maybe the criminals are POC adn the bank doesn't want to risk a claim of racism