Here are several tips to prevent fake check scams:
Even if the check has “cleared”, you may not be in the clear. If you have questions about whether or not a check is good,
contact the Credit Union. Be sure to explain the source of the check, the reasons it was sent to you, and whether you are being asked to wire money back.
Don’t be fooled by the appearance of the check. Scammers are using sophisticated technology to create counterfeit checks that mirror the appearance of legitimate checks from legitimate businesses. This includes money orders and cashier’s checks.
Never ‘pay to play’. There is no legitimate reason for someone who is giving you money to ask you to wire money back or send you more than the exact amount – that is a red flag that it’s a scam.
Do not respond to online solicitations for “easy money”. Social media scams may offer “quick ways to earn extra cash”, but keep in mind that easy money is rarely legal money.
Verify the requestor before you wire or issue a check. It is important to know who you are sending money to before you send it. Just because someone contacted you doesn’t mean they are a trusted source.
Report any suspected fraud to the credit union immediately. Our employees are experts in spotting fraudulent checks. If you think someone is trying to pull a fake check scam, don’t deposit it – report it.