Posted: Thursday, May 15th, 2008

Check that Check & Watch That Deposit !!!!

A new twist on the check scam is going around. It works a little different than most of the old ones, but the result is the same -- You are out a bunch of money !!!!!!  Here is how it works:  You receive a check in the mail with some phony bologna letter wanting you to "Deposit" the check in your checking account. Here is where it begins to differ from the old scam - The old scam asks you to deposit or cash the check and send part of the money to the scammers..... in this case they don't need you to send them any money because by depositing the check, you have approved your bank to send the amount on the check "Automatically" to the scammers by wire transfer. Basically, the check they send you is a withdrawal slip that looks like a check. Routing numbers, etc. are on the check and the wire transfer takes place very quickly. SO, PLEASE - "Do Not" automatically deposit any strange checks into your account. Ask a teller or other bank employee to look at it first and advise you. They will be glad to assist you at any time - Remember, Be Smart - Be Careful - Be Safe  ------- Sheriff Karl Dailey