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Thursday, June 22, 2023

Americans warned not to mail checks if possible as cases of check fraud spike dramatically

NEW YORK (AP) — Check fraud is back in a big way, fueled by a rise in organized crime that is forcing small businesses and individuals to take additional safety measures or to avoid sending checks through the mail altogether.

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Man, I think the last check I wrote was January of last year when I wrote one to Macon Diesel and Truck Repair for rebuilding the engine on my truck, so 18 months ago?
When we moved to Lafayette in June of 2016, we opened up a checking account at the local bank. I'm still on the first book of checks.

25 comments:

  1. part of the plan to move to digital currency?

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  2. And dont worry about your ballots. They are safe.

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  3. As if handing 3+% of everything we spend to credit card companies is NOT organized crime...

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    1. You can choose credit cards that help you get back part of that 3% grift. If you are a veteran, AMEX will give you a Blue Cash Card for free -- nonvets have to pay $95 per year for it. That card returns 3% on every dollar you spend on gas and 6% on groceries from regular grocery stores (not Costco places). At this point, gas prices and grocery prices are huge so it adds up.

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  4. Are they setting your friendly letter carrier will take it? That is what seems to happen with packages if they are not insured.

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  5. A client mailed me a $2,800 check in December...never got to me. Stolen by a temp agency USPS employee who was prosecuted.

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  6. My first thought is that tptb are starting scare tactics. Gonna get people on board the cbdc train of thought .

    For your own safety

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  7. Just another scare article to push people to a digital ID society.

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  8. Sort of makes me feel like they are adding another layer of fear to the mix for Checks... OMG we have to go to Digital Currency cause cash and checks are the problem.

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  9. I use checks all the time. As a matter of fact I just gave a Girl Scout a check for some cookies. Actually I gave it to her hot mom with a note attached. I wrote my phone number and a short message: "There's another check coming if you let me lick your cookes", followed by a heart emoji

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    1. Lol, that could be dangerous. The Mom just put the check and note with the rest and when little Jodi starts counting the money and reads your note. Gonna have a hard time explaining it was the Mom you were giving the note to.
      MadMarlin

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  10. Yes yes, big government now says they are unable to keep the mail secure. Best to just switch on over to the safety of central digital currencies, it’s better to be safe right.
    Oh shit, too early again, I do apologize for the spoiler.

    Fuk bydum and all of you who supported him.

    TMF Bert

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  11. Reads like a promotional ad for Centralized Digital Currency

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  12. I used to use my signature daily on checks, equipment sign outs, etc. Automatic.
    They had dials on wired telephones, too.
    Televisions had rabbit ears.

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  13. Has anyone heard of the Federal Reserve's initiative to get broadband into rural areas? On the surface that makes zero sense, but when you start thinking about digital currency it makes all the sense in the world. It's coming.

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  14. When possible, use a debit card (PIN transaction) instead of credit card at the small, local businesses. Transaction fee for debit is something like 25 cents instead of 3% for credit. Debit transactions are treated like writing a check as far as the bank clearing.

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    1. While I commend your desire to keep small businesses from losing the fee, I believe if your credit card number is stolen, you are not responsible. If someone gains access to your bank account through the debit card, you are shit out of luck. Don't ask me to make that make sense....

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    2. Exactly...you are giving them access to all your money if they are shady...no thanks I'll spend the extra for them to steal the CC bank's money instead. And as a small business owner, most processors we can afford now don't distinguish between CC and debit, it's charged per transaction.

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  15. I think the last 2 checks I wrote was to hire an attorney to help probate the estate and pay the funeral home for the cremation after dear old Mom passed back in '19. Thank God she missed what came afterwards.
    - WDS

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  16. They caught part of the check stealing cartel down here last week. We had three go missing two months ago but not cashed as they were not large enough to take the risk. It seems that 4 figures are what they are going after. A $1500 house payment versus a $57 water bill payment for the fraud penalties. I get weekly transaction records from our bank and verify that the check has actually cleared. Most of my neighbors are doing the same.

    Spin Drift

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  17. Then there's cash. Last month, my 85 year old father-in-law mailed my daughter $100 cash for graduating nursing school. The envelope came torn open and taped up - cash gone. You can't make the old folks understand.

    I'd like to have 2 minutes with the low life that did it, but government thieves are a protected class.

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  18. Checks? Does nobody in the USA do E-transfers?

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  19. But election ballots are safe, sure OK.

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  20. Was told by a County Bank Fraud Investigator, the only thing that offers any protection is using ink gel pens.

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