Newsplaining

Scammers are stealing checks from the mail. Here’s how to protect yours

WAIT WAIT LET ME EXPLAIN IT PROPERLY BECAUSE APPARENTLY MY AUNT IS LIVID ABOUT THE MAIL SERVICE RIGHT NOW. SHE IS LOSING HER MIND BECAUSE PEOPLE ARE FISHING CHECKS OUT OF THE MAIL AND "WASHING" THEM TO CHANGE THE PAYEE! WHICH IS WILD BECAUSE ACCORDING TO FOX NEWS THIS IS NOT JUST SOME RANDOM THING, IT IS SURGING BIG TIME. THE TREASURY SAYS CHECK FRAUD LITERALLY DOUBLED BETWEEN 2021 AND 2023, AND POSTAL INSPECTORS ARE PULLING BACK OVER ONE BILLION DOLLARS IN COUNTERFEIT CHECKS EVERY SINGLE YEAR! IT SOUNDS LIKE A MOVIE BUT APPARENTLY THEY TAKE THE INK OFF AND RE-WRITE IT TO THEMSELVES. IT IS JUST MESSY. MY AUNT SAYS STOP MAILING CHECKS IF YOU CAN HELP IT OR ELSE. ANYWAY THAT IS ALL I KNOW, GENUINELY.

Check fraud rates doubled between 2021 and 2023, with postal inspectors recovering over $1 billion in counterfeit checks annually as scammers wash mailed payments.

Read the whole thing
📰 Read the real story at Fox News Scammers are stealing checks from the mail. Here’s how to protect yours

Named in this and it is not fair or not accurate? Write to us — we correct or remove within a few days.