Warning on New Counterfeit Check Scam

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, according to the Federal Trade Commission (FTC). The FTC advises consumers not to rely on funds from checks unless they know and trust the person who gave them the check or, better yet, until the bank confirms that the check has cleared. Learn more about the scam, and how to protect yourself, from the FTC: Giving the Bounce to Counterfeit Check Scams.