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- Fraud Prevention10,
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- Debit Card Safety9,
I received a check from an unknown source with instructions to withdraw and transfer a portion of the funds.
If you have received a paper check from an unknown source with instructions to withdraw and then transfer a portion of the deposit, you might be the target of an attempted fraudulent check scheme. This scheme involves sending an individual a paper check along with some form of included communication describing how and why the recipient 'earned' the money. (Example: Secret Shopper Rebate) The communication will also instruct a recipient to deposit the entire sum of the check in to their account. Once deposited, the communication instructs the recipient to immediately wire portions of the funds to other accounts at other financial institutions. Checks are typically in the $2,000 to $4,000 range, and are occasionally designed to represent an 'Official Bank Check.' Please note that these are bad checks and do not represent legitimate funds. If you have received a mailer similar in nature to the example described above, please disregard the instructions and destroy the fraudulent check. However, if you have any questions or concerns about a check you have in your possession, please do not hesitate to contact your local branch manager. Find your local branch