Check Fraud Alert
In recent weeks, check fraud has been on the rise with good people falling victim to criminals and the latest con: The Overpayment Scam. You can protect yourself by understanding this scam.
Here’s how it works:
- You get an official looking letter containing a cashier’s check for a large sum of money (maybe $5,000).
- The people sending the letter are offering a commission for cashing the check. All you have to do is send money to other people.
- You cash the check and send the money, expecting to keep the commission.
- Days later, you find out the check was fraudulent, and you’re out thousands of dollars.
This is called an overpayment scam. And it happens all the time.
Call Us First
If you get a letter or offer that sounds suspicious, bring it to us and we’ll help you sort it out. Or call us at 503.397.2376.