Fake Check Scams Cost Consumers $1.2 Billion Yearly
Check fraud is on the rise. A new survey by the American Bankers Association (ABA) reports that attempted check fraud ballooned to $15.8 Billion in 2018 as reported by banks. But this number does not include fake check scams that impact consumers who deposit those checks into their bank accounts. Since banks hold customers responsible for counterfeit […]