FDIC Fraud Alert For Bogus Bonus Checks

The Federal Deposit Insurance Corporation issued a fraud alert about bogus "bonus" checks with descriptions of the scams and suggestions of what to do to avoid them.

"For example, consumers who accepted jobs that came with a $2,000 "signing bonus" received checks ranging from $19,000 to $50,000 with instructions to keep $2,000 but wire the rest to Europe. Some consumers who complied had to repay the entire amount wired from their own accounts, plus the remainder of the original deposit. In some cases, banks lost money when customers were unable to cover the fraudulent checks." The checks were simply fake and consumers have sent their own money.

One way to protect yourself is to insist the check to be drawn on a local bank and call before releasing any merchandise.

To find out about other scams read the post from Librarians' Internet Index: New This Week.

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s