Check Fraud

Check fraud has been around a long time, but recently the numbers have climbed drastically. The National Check Fraud Center in Charleston, S.C., estimates that more than $6 billion worth of forged and altered checks were cashed last year in the United States. Here are some tips to keep in mind when writing your next check:

• Always print out the full name of the payee. For example, instead of "Co." write out "Company" and write out "Thomas Johnson" for "T. Johnson."

• Never use ordinary longhand when writing the amount. Print the amount instead. A printed amount is much more difficult for a forger to change or alter.

• Begin writing the amount at the extreme left and fill in all the spaces with double lines so that nothing can be added.

• Rather than abbreviating, print out the full month. For example, write "September 23rd," not "9/23."

• Put the numerical amount as close to the dollar sign as possible. Do not leave space between any amount especially before the decimal point.

• Do not use an erasable pen, felt-tip pen, or pencil when making out a check.

• An illegible signature can easily be forged. Make your signature clear and readable.

• Take your time when writing your checks. Remember if your check has been forged or altered due to a carelessly written check, the law holds YOU responsible.

Related Topics:

• Stark Federal Credit Union Checking Accounts

• Identity Theft

• Cash & Check Card (Debit Card)