"Scammers prefer these payment methods because once the money is sent," the F.T.C. He said, "It is almost impossible to track or reverse."
Ms. Vaca said that criminals "create an illusion" and added: "You have a check in your hand, then a deposit in your bank account. It doesn't look fake. You feel completely risk free."
In a detailed account in a Better Business Bureau Report In 2018, a student from Oakland, California, received an offer at her university's email address. The "very professional-looking" message said that you could earn $ 250 per week driving your car after "wrapping it up" with a Mountain Dew ad. (The banks have issued warnings on "shrink wrap" scams that involve brands of beer and energy drinks.)
She took the job to help pay her tuition and received a check in the mail for $ 4,850, apparently to pay for the recap job. She deposited the check and the next day she was able to withdraw $ 3,500, which she re-deposited, according to the instructions, in a separate bank account held by the "car specialist".
However, the student began to suspect when she received a text message telling her to withdraw an additional $ 500 and put it on an iTunes gift card, and reported the situation to the police. The criminal's bank account had been closed and the money was gone. His own bank demanded that he pay the $ 3,500, so he accepted a quota plan to pay his losses.
Do you think you would not fall for it? Think again People fall prey to the schemes due to "optimism bias," according to an office report; They think the typical victims are older, gullible or even stupid and don't look like this. Truly, the Better Business Bureau report noted, "We are all vulnerable."
Here are some questions and answers about fraud with fake checks:
If the check was false and I was a victim, why do I have to pay my bank?
Customers are responsible for checks without funds because they are generally in the best position to assess whether a check they deposit is legitimate, said Nessa Feddis, senior vice president of American Bankers Association.