New Educational Program Aimed at Stopping Check Fraud Scams
Virginia’s Attorney General and Commissioner of Agriculture and Consumer Services yesterday announced a new anti-fraud program to help protect Virginians from fake check scams. Charles Fishburne reports.
Fake checks look like the real thing and work like the real thing, just long enough for you to lose your money.
Cuccinelli: The bad news is that the number of fake check inquiries we've received is certainly rising.
Attorney General Ken Cuccinelli.
Grant: There are many variations, but they all work basically the same way.
Susan Grant, Consumer Federation of America.
Grant: Consumers are lured into accepting genuine-looking checks or money orders for something, and asked to send money somewhere in return.
Grant and Cuccinelli and Agriculture Commissioner Matt Lohr and the Virginia Credit Union League and the Virginia Bankers Association announced a plan to hand out brochures at banks and credit unions, mostly to people cashing checks for $1000 or more, warning them of the possible scams.
Grant: The idea is to give people the information they need at the very point in which they need it.
So far, 61 banking institutions and credit unions across the state have agreed to participate.
Charles Fishburne, WCVE News