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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