5/16 SCAM ALERT

Fake checks are featured in many types of scams, from phony prize winnings to bogus jobs. Scammers are good at making their bad checks look legitimate. The scams typically involve sending victims a check to cover a “processing fee” or similar “service”, asking them to deposit it, and then when cleared, asking them to immediately wire the money to a third party. Remember, a check can take weeks to clear.  Wait until you are certain, and the bank can confirm, that your check has cleared before taking further action. If you wire money from your account and later discover that the original check was fake, you’ll have lost the money.

Be a fraud fighter!  If you can spot a scam, you can stop a scam.

Report scams to local law enforcement. Contact the AARP Fraud Watch Network at www.aarp.org/fraudwatchnetwork for more information on fraud prevention.

 

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