FTC Advice on Giving the Bounce to Counterfeit Check Scams
A new scam is swindling consumers: counterfeit checks that seem
legitimate to both bank employees and consumers, but that leave unsuspecting consumers footing the
bill. The Federal Trade Commission is issuing a new brochure, Giving the Bounce to Counterfeit Check
Scams, which explains common angles used in these scams, the responsibilities of banks and
consumers when it comes to counterfeit checks, and advice on how to avoid these increasingly
common traps.
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