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Mail-theft check fraud can occur in multiple ways, including theft of checks left in residential mailboxes overnight or for long periods of time.
Why has there been such an increase in fraud? A few major factors, including COVID-19, have together contributed to the problem. During the pandemic, trillions of dollars in COVID relief checks ...
Use of paper checks by U.S. businesses jumped last year, according to an annual survey by the Association for Financial ...
Meanwhile, as the cases of fraud increase, victims are waiting longer to recover their stolen money. Check usage has been in decline for decades as Americans have largely switched to paying for ...
Beaufort County officials say there's a rise in mail thefts and check fraud since March, urging residents to take precautions ...
Chris McGee, managing director at the consulting firm AArete, ascribes the recent increase in check fraud to two technological advancements: mobile deposits and digital check imaging. "The ...
That may be related to federal authority notices, and extensive media coverage, of an increase in mail theft leading to check fraud. Strikingly, the AFP report documented that some 75% of ...