Economic Impact Payments:
On March 27, 2020 the president signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The two trillion dollar aid package is designed to lend financial aid to families and businesses impacted by
Despite the increasing digitization of money management, there is still a place in the economy for paper checks – and along with them, check-washing scams. According to the National Check Fraud Center, check washing has an $815 million annual price tag to U.S. consumers. Unfortunately, instances of check washing often go unnoticed until it’s too late to
The second wave of stimulus checks only started hitting checking accounts a few weeks ago, and the BBB and the FTC are already warning of related scams.
According to the FTC, American taxpayers lost more than
In early September, the Better Business Bureau (BBB) released a report warning about a spike in fake check scams across the country. While these scams are not new, their occurrence rate has doubled over the last three years and is up 12% from 2017.
The BBB further announced that billions of dollars
