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Fox News: This crime shot up 400% — how to protect yourself

Started by riky, December 03, 2024, 01:03:18 AM

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riky

This crime shot up 400% — how to protect yourself

Old-fashioned check fraud is back in style, quintupling over the past year. Here are a few low-tech, practical means of protecting yourself.......                    ...                        ...To keep you and your money safe, I make it a point to always let you know about spreading scams, from crypto catfishing to AI deepfakes. I bet you're going to be surprised by this news: The crime that shot up 400% last year is old-school check fraud.......We're giving away a $500 Amazon gift card. You are not allowed to view links. Register or Login No purchase necessary.......It's not high-tech, but it is highly effective. In 2023, check scammers stole You are not allowed to view links. Register or Login from Americans like you and me, right out of our mailboxes. You need to make sure you don't become a statistic.......You are not allowed to view links. Register or Login......Scammers coordinate in private groups on Telegram, Facebook or TikTok to share tips and sell tools that make it easy for scams to spread. One of their tricks? Buying universal keys that can open any USPS drop box or snapping up books of blank checks from the Dark Web.......But plenty of crooks just swipe checks right from your mailbox. Then, they use simple household chemicals like acetone to dissolve the ink and write themselves (or their alias) some spending money.......Fraudsters deposit their haul at an ATM or right from their couch through a banking app, then they withdraw the cash in chunks so it doesn't trigger alerts. Before you or your bank know it, they're on their way to the casino, buying designer goods or investing in real estate — you name it.......RELATED: 563,588 people start their day with You are not allowed to view links. Register or Login.......Banks are cracking down on fraud with stricter deposit policies and extended hold times on deposits. So, if you've noticed your funds aren't clearing as fast as they used to, it's because banks are taking extra time to verify deposits for potential fraud.......A recent viral TikTok glitch exploited J.P. Morgan's instant access feature for deposits from bad checks. Scammers flooded in, and many ended up being sued — proof crime doesn't pay.......You are not allowed to view links. Register or Login......If any of your checks go missing or you suspect fraud, file a report immediately — not just with your bank, but also with USPS and your local police department. Be sure to ask for a case number so you can track the progress of your claim.......The biggest checkwriters are baby boomers. They don't like change.......You are not allowed to view links. Register or Login......Award-winning host Kim Komando is your secret weapon for navigating tech.......Copyright 2025, WestStar Multimedia Entertainment. All rights reserved....

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