How To Protect Yourself from Fake Check Scams

Check fraud or fake check scams work when a thief steals an account number to write fake checks in the account holder's name and then tries to send the check or cash it fraudulently.

To avoid these scams, you need to understand how check fraud happens and how to combat it by learning to spot fake personal, certified and cashier's checks.

Types of Fake Check Scams

Here are some ways criminals can engage in scams involving checks:

-Online spending, selling and renting -Account takeover -Closed accounts -Check-kiting -Counterfeiting -Forgery -Fake paychecks or overpayment -Intentionally overdrawing

Warning Signs of Fake Checks

You can distinguish a fake check from a legitimate one by looking out for certain red flags.

The check lacks rough edges or perforations.

The name is printed in a different font from your address or other information on the check.

The address of the bank or the customer is missing.

The watermark or security thread is missing from the back of the check.

You received the check undeservedly.

The check has stains or discolorations, possibly from a thief using altering chemicals.

One of the best ways to prevent check fraud is to stop using personal checks. Paying your bills online through your bank account is safer, quicker and more secure than sending a check. Don't forget that you can wire money or use an online transfer service for a faster and safer way to pay.

If you suspect you may have a fake check, don't cash it. Report it to the Federal Trade Commission, the U.S. Postal Inspection Service and your state protection agency, or ask your bank for help reporting the fraud.