Checks are still a widely-used form of payment, but they can be changed easily through the following processes:
- Check washing – This process uses chemicals to erase the original information and replace it with the amounts and names the scammer wants to use.
- Modification – This process adds extra numbers to amounts or adjusting the payee on the check.
To protect yourself from Altered Checks Scams, use a pen that is difficult to erase, leave no large spaces on the lines for amounts, and draw a line from the end of your written amount to the end of the check. Review your check images often on Online Banking, Mobile Banking, and/or your statements. Many scams involve leaving the amounts the same, but changing the Payee on the check so it is not noticed by the check writer as quickly. Report any suspected alterations to your bank immediately.
Be sure to check out our Blog or our page on Facebook for fraud tips every Friday. We’ll cover different types of fraud as well as red flags to help you identify when it might be a scam.
Remember, if you have questions about a possible fraud situation or just an uneasy feeling about a phone call, text, email, or transaction, feel free to contact the Fraud Department at (605) 934-2500.