teethalarm t1_iyepvho wrote on November 30, 2022 at 9:05 PM

Bank teller here. The kind of check fraud that I see the most often is that someone will steal account information, usually a business account, and then make fake checks using that account info. They will then deposit these checks. If it looks legitimate and the account has funds, bank tellers won't always look deep into the checks. Then the check clears and the person depositing it can withdraw it.

mcgato t1_iyf9l40 wrote on November 30, 2022 at 11:21 PM

I was on grand jury duty and had a case like this presented. A smallish business used a courier to take checks to accounts. The courier used the account and routing info from those checks to get checks for himself. He would then pay his bills with those checks, except he would overpay. So bill for $120 would get a check for $1120. He would contact the company about the overpayment, and get a refund check from the company. We voted to indict.

teethalarm t1_iyfbzk5 wrote on November 30, 2022 at 11:39 PM

That's an interesting way to do it.