A bank customer discovered his retirement savings drained after a thief stole a personal check, rewrote, and cashed it. www.abcactionnews.com/money/c...
I know it is totally the banks fault, for a check that is this large of amount, usually it is a certified check or cashiers check. The teller should have had the bank manager look at this further and even alerted the victims bank.
I'm thinking the check wasn't cashed, like brought to a bank branch and the teller gives the thief $32,000 on the spot. It might have been electronically negotiated, maybe mobile deposited, and once cleared transferred the money out of the country. As far as needing ID to open such accounts, the thieves/scammers/hackers have a treasure trove of stolen personal information.
I never put mail in a blue mailbox. Thieves break in and take the mail out. I never keep anywhere near $93,000 in my checking account. Any thief writing a check against my account for a fraction of that will see it bounce. Keep your money in a savings account that isn't used as a back-up to the checking account, and transfer money into the checking account as needed, Hopefully the customer has got his money back.
I've seen mailboxes cut open and mail removed. It has nothing to do with trusting the post office. Even if mailboxes are made like bank safes, thieves will find a way to break in.
That's what I always use for the few checks I need to write. I also write notes on the edges of the checks, like "for payment of electric bill." Added stuff for a person who wants to alter such a check to deal with.
Who has that kind of money in a checking account? Keep it in savings and only move what you need to checking. Might be an inside job as they knew what they could write it for.
Follow all of the above, also, if you must mail a check, take a picture of it next to the envelope you send it in and upload photo to secure drive. Make sure the check number and who you make it out to shows clearly as well as amount.
So you're gonna put a piece of paper that has your name and address and your signature and routing number and account number out into the world and expect nothing to go wrong?.... anything can be hacked but if it's electronic at least it can be traced.... pick up the phone and call your payment in pay the dollar or two fee and have the bill payed instantly.... mailing a check takes forever.... how many 2 dollar fees would you have to pay to equal 93k....186k bills paid.... that's more bills than anybody will ever have.... in several lifetimes....
The money trail can be followed , the question is , who will pay for the work it takes to find the criminal ? Also the internet is not the safe place most people think it is , check out what is becoming known as Bank Jumping ( for people who pay electronically ( .
Why is using Gel Ink better than a Ball Point Pen? I even thought that the Ball Point would be further useful (beyond the type of Ink) because of the Pressure it places onto the Check
It’s not about the pressure but the type of ink. Gel ink tends to seep into the paper’s fibers (rather than remaining “on top” of the surface of the paper), making it more difficult to “wash”.
People please stop mailing checks though the mail star paying your bills on line and start paying money orders online after seeing this I will for now on pay my bills online will never trust the post office with my mail 😡
I can add other tips: if there’s a brick and mortar store of the business in question pay there or if you have to send it by mail, mail it at the nearest post office and make sure it’s certified as the recipient has to sign off confirming it’s been delivered. I do that with some of my own bills.
@@jazziez6467 not everyone has a computer or internet services, some don’t have bank accounts to pull funds, and you do have some that have bank accounts but they’re designed in such a way that the online payment method is impossible without them having to open a second bank account and transferring the funds to it.
I have to leave my checks on my mail box. There is no postal box in walking distance of my house. I try to limit the use of my car. How can we save fuel and carbon pollution? I think the problem here was that the guy had too much money in his checking account. I have coverage for overdrafts, but it isn't 93k$.
I have to show official state picture ID, just to withdraw a few hundred from my account. State ID's are NOT easy to forge! Either way the banks have cameras, so they have a picture of the person who cashed the checks! And yes we all know the FBI has facial recognition software that could be used in cases like this!
These checks are not cashed in person. They use remote deposit and simply take a picture of the check. That also makes it much more difficult to detect subtle irregularities in the check that would otherwise raise suspicion.
how do you expect elderly people to pay their utility bills (gas heat, water, electricity, phone and property taxes or rent) ? not everyone has a smart phone, or computer with internet. Many people do not have family or friends to manage their bills. In addition, there are lots of people (including young people) that scammed when doing their financial transactions through cell phone and computer/internet. Sim Card Spoofing is an example of hacking where the victim isn't even aware (one man who was technically educated had over $250 million in Bitcoin stolen through his phone while he was asleep, they just turn your phone off remotely and turn it back on, once the hack is completed).
Banks need to be held accountable when cashing checks that are "washed".
who in the hell cashed a $32k check for anyone in cash? they are fully responsible.
I know it is totally the banks fault, for a check that is this large of amount, usually it is a certified check or cashiers check. The teller should have had the bank manager look at this further and even alerted the victims bank.
I'm thinking the check wasn't cashed, like brought to a bank branch and the teller gives the thief $32,000 on the spot. It might have been electronically negotiated, maybe mobile deposited, and once cleared transferred the money out of the country. As far as needing ID to open such accounts, the thieves/scammers/hackers have a treasure trove of stolen personal information.
It’s fraud. The money should be put back by the bank THAT DAY.
I only write one check every few years, usually for major home repairs. My checkbook for one account still says "19__" of the year.
Bad guys love overdraft protection.
Don't use external mail receptacles, instead drop your mail off at Post Office and drop inside building shute!
I never put mail in a blue mailbox. Thieves break in and take the mail out. I never keep anywhere near $93,000 in my checking account. Any thief writing a check against my account for a fraction of that will see it bounce. Keep your money in a savings account that isn't used as a back-up to the checking account, and transfer money into the checking account as needed, Hopefully the customer has got his money back.
I think someone from bank who cashes them is involved
It’s no wonder how many people don’t trust the postal Service anymore
The USPS had nothing to do with this. The thieves are accountable and the bank who handed over the money.
I've seen mailboxes cut open and mail removed. It has nothing to do with trusting the post office. Even if mailboxes are made like bank safes, thieves will find a way to break in.
security pen needed🤣
But pointless if the bank doesn’t bother with verifications. They actually printed new checks with his banking informations. Think about it.
Why are you blocking out the criminals name ?
that not where the criminals name is that is the legal check account holder's name.
Buy a uniball 207 pen for 3 bucks.
That's what I always use for the few checks I need to write. I also write notes on the edges of the checks, like "for payment of electric bill." Added stuff for a person who wants to alter such a check to deal with.
Must have known him. How did they know he had that money.
The push to go all digital cash. That's the end game
The fuck does that have to do with check fraud?
Cashed it? I work in a bank we don’t cash checks for that large amount. Has to be deposited! Who had the authority to cash a check for that amount??
Exactly I worked at Chase Bank we never would have cashed a check for that amount as well
A thief and their partner.
I'm a dinasour electronics wise.But,even I know not to pay bills via the mail or with checks..
It would be best if you only put $3000 or less in checking
I agree, but also to not have overdraft protection.
Who has that kind of money in a checking account? Keep it in savings and only move what you need to checking. Might be an inside job as they knew what they could write it for.
this check washing stuff is out of control
Follow all of the above, also, if you must mail a check, take a picture of it next to the envelope you send it in and upload photo to secure drive. Make sure the check number and who you make it out to shows clearly as well as amount.
So you're gonna put a piece of paper that has your name and address and your signature and routing number and account number out into the world and expect nothing to go wrong?.... anything can be hacked but if it's electronic at least it can be traced.... pick up the phone and call your payment in pay the dollar or two fee and have the bill payed instantly.... mailing a check takes forever.... how many 2 dollar fees would you have to pay to equal 93k....186k bills paid.... that's more bills than anybody will ever have.... in several lifetimes....
Guys put ur money in a savings account holy cow
The money trail can be followed , the question is , who will pay for the work it takes to find the criminal ? Also the internet is not the safe place most people think it is , check out what is becoming known as Bank Jumping ( for people who pay electronically ( .
Why is using Gel Ink better than a Ball Point Pen? I even thought that the Ball Point would be further useful (beyond the type of Ink) because of the Pressure it places onto the Check
It’s not about the pressure but the type of ink. Gel ink tends to seep into the paper’s fibers (rather than remaining “on top” of the surface of the paper), making it more difficult to “wash”.
It’s sad but he’s right, it’s not 1958 anymore.
People please stop mailing checks though the mail star paying your bills on line and start paying money orders online after seeing this I will for now on pay my bills online will never trust the post office with my mail 😡
The USPS had nothing to do with this. The thieves are accountable and the bank who handed over the money.
I can add other tips: if there’s a brick and mortar store of the business in question pay there or if you have to send it by mail, mail it at the nearest post office and make sure it’s certified as the recipient has to sign off confirming it’s been delivered. I do that with some of my own bills.
Boy that takes alot of work and extra cash, just pay online.
@@jazziez6467 not everyone has a computer or internet services, some don’t have bank accounts to pull funds, and you do have some that have bank accounts but they’re designed in such a way that the online payment method is impossible without them having to open a second bank account and transferring the funds to it.
I have to leave my checks on my mail box. There is no postal box in walking distance of my house. I try to limit the use of my car. How can we save fuel and carbon pollution? I think the problem here was that the guy had too much money in his checking account. I have coverage for overdrafts, but it isn't 93k$.
Really? That's the problem? SMH
I have to show official state picture ID, just to withdraw a few hundred from my account. State ID's are NOT easy to forge! Either way the banks have cameras, so they have a picture of the person who cashed the checks! And yes we all know the FBI has facial recognition software that could be used in cases like this!
These checks are not cashed in person. They use remote deposit and simply take a picture of the check. That also makes it much more difficult to detect subtle irregularities in the check that would otherwise raise suspicion.
I feel they should do away with checks period!
how do you expect elderly people to pay their utility bills (gas heat, water, electricity, phone and property taxes or rent) ? not everyone has a smart phone, or computer with internet. Many people do not have family or friends to manage their bills. In addition, there are lots of people (including young people) that scammed when doing their financial transactions through cell phone and computer/internet. Sim Card Spoofing is an example of hacking where the victim isn't even aware (one man who was technically educated had over $250 million in Bitcoin stolen through his phone while he was asleep, they just turn your phone off remotely and turn it back on, once the hack is completed).
It got be a mail worker