Big banks face new check fraud challenges

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[smokingjoe]

Fix your own banking problems. Dont come crying to the taxpayers!

[onespeedlite]

One way to protect yourself is to use a pen with a SPECIAL INK that prevents thieves from washing it off the check. The pen you want to get is "UNIBALL Signo" gel pen. The best thing to do is to not use checks at all.

[allen]

What banks cash 20, 000$ dollar personal checks without proper identification, , WTH

[josephmann]

Cops will immediately say, it’s a civil matter . And do absolutely nothing!😞

[sinebar]

If you have to write a check always use a gel pen. The ink can't be washed. Also you can deposit checks online. Your bank should have an app for electronic deposit.

[smokingjoe]

250, 000 cases. Sounds like you need to fix the organization. We can not afford to jail 250 thousand people.

[FBGProfit]

Yes sir I’m dropping on a Navy as we speak

[powerthings]

Banks act like it's out of their control even though every check theoretically passes through their hands.

[LawrenceMarkFearon]

You don't need to go into a bank to deposit checks and cash checks, it all can be done at the drive-thru's. Nor do they need real checks to modify, counterfeits work just as well. There's 1001 ways since colonial days they pull this off.

[pwu]

The problem is judicial system screwed up. Criminals are lightly punished.
You don't see these U.S. problems in China, Japan or Singapore.

[michaelpecht]

this is nonsense. why aren't the US post office blue boxes safe. this happened to me and the post office said never put mail in the blue box.

[MizeryScratcher]

i have always said when bank accounts are stolen or money paid to randsom hackers that money goes to some bank and when it is sent we should know what bank it goes to and make that bank send it back! or else !! am i missing something here?

[hurry]

There is no need to use paper checks anymore, need to educate people on the alternatives.

[lmcc]

I rarely write checks anymore and therefore rarely order checks too. My bank is small so if someone tries to cash a fraudulent $10k check at one of the branches, they won’t be able to get the money for a day or 2.

[fdfgaming]

Someone gave me a fake check, i cashed it and now my whole bank is locked.... now i have no money to survive im probably going to starve to death

[jprevatt]

Besides employers, who even writes checks anymore?

[divyagulati]

About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?

[poshnailsrosenberg]

Iam a small business and facing the check fraud uo to $10k right now. Still filling the police report

[Scott_T_]

It’s almost 2025, I don’t think I’ve written a check in almost 2 years.

[FinanceNation]

I had income when I was homeless they don't propose it like your a criminal. They propose it like I job.

I didn't understand why my cut was so low. Like $10 out of $100k was the offer..


.It made no sense the way they explained the job. I was like no way. I get 10% but they proposed like it was LEGAL. He went away when I began asking questions...never put 2 and 2 together TILL NOW