Tag : funded bank

New Mail-Fraud Scheme Is Engineered to Clear Bank Checks Before Victims Realize the Loss
Banking News

New Mail-Fraud Scheme Is Engineered to Clear Bank Checks Before Victims Realize the Loss

EIN Presswire
ScamROCKET warns of a mail-fraud scheme using real, funded bank accounts to clear checks before victims recognize the loss. A new wave of mail fraud is slipping past the automated systems banks rely on, using checks drawn on real, funded accounts that the banks’ own systems will clear. As a......
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