It is all well and good to ask a bank for help but chances are you will get no where fast and damage can be done before the fake is actually detected shouold it go through deposit process. Here are some good tips on what consumers should do to help prevent check fraud by detecting a problem early on.
re-printed with permission from Fraudaid.com
Where did that check or money order come from? Where did those funds wired into your account come from?
ARE YOU LIABLE FOR THEM?
WARNING! "Cleared" does not mean the money in your account belongs to you.
WARNING! "Available funds" does not mean the money in your account belongs to you.
When you deposit a check into your bank account, your bank advances you the money for that check.
The money in your account is a no-signature loan from your bank.
The only time the money in your account really belongs to you is when the check or money order has been HONORED.
When in doubt, tell your bank to send the check or money FOR COLLECTION.
BY LAW YOU ARE LEGALLY RESPONSIBLE AND FULLY LIABLE
for any and all checks or money orders deposited into your bank account by you or someone else,
and for any funds wired into your account by you or someone else.
BY LAW YOU ARE LEGALLY RESPONSIBLE AND FULLY LIABLE
for any checks or money orders you cash anywhere.
WARNING! Funds wired into your account by a stranger may be stolen funds.
You and your account can be used for money laundering.
WARNING! NEVER accept 3rd party checks. A 3rd party check is one where someone else's name is on the Payee line.
WARNING! The ONLY way to verify any check or money order, including Cashier's Checks and Traveler's checks,
is to contact the account holder and and ask that the draft be verified against the ledger.
WARNING! You cannot accept payment in your name for the products and services provided by another
and deposit that money into your own bank account.
_________________ Silence is a thief's best friend, Word-of-mouth is his worst enemy. Pass the word! brought to you by Fraudaid.com where victims always get FREE help.
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