Check Fraud is on the Rise: What You Need to Know

Check fraud may sound like an old problem, but it's becoming a growing financial risk for consumers of all ages.

Criminals are using stolen mail, fake checks, and financial scams to access money and personal banking information. And because paper checks often contain sensitive account details, they remain a target.

The good news? Simple habits can help protect your money.

This month, we're joining America Saves to help consumers learn how to recognize check fraud, monitor their accounts, and take action if something looks wrong.

Start by learning the basics to help protect yourself and your family:

Do You Know the 5 Most Common Check Fraud Scams?

Check fraud doesn’t always look the same.

Sometimes it starts with stolen mail. Other times it starts with a fake job offer, prize scam, or altered payment.

Understanding how fraud happens can help you spot red flags before money is lost.

This week, we’re sharing new resources from America Saves, which include the five most common types of check fraud and what to watch for, from check washing to counterfeit checks.

Take a few minutes to review these common tactics, and share this information with family and friends.

Awareness is one of the best tools for prevention.

Check Yourself: How to Detect Check Fraud Early

Check fraud can happen quickly. Catching it early can make a big difference.

A delayed payment, an unfamiliar transaction, or a check clearing for the wrong amount can all be warning signs.

The best protection? Regular account monitoring.

Read this blog post from America Saves and use their simple checklist to help you review your account, track payments, and spot suspicious activity sooner.

It only takes a few minutes each week and it can help protect your money.