Cyber Security Expert Sileo on Check Fraud Scams
[youtube http://www.youtube.com/watch?v=mfrdP0tiyw0&rel=0]
A new check fraud scam has reached the Front Range.
It involves a sizable check that arrives in the mail that, once cashed, can make you an accomplice in a money laundering scheme.
I recently appeared on 9 News to address the concern of a suspicious viewer, Martha, who had received such a check in the mail for $2,240.00. It was drawn on the Brown-Forman Employees Credit Union of Louisville, Ky.
The check came with a set of instructions:
No. 1: Have the check cashed at your bank.
No. 2: Pay yourself $300 after cashing the check.
No. 3: Take the rest of the funds to the nearest Western Union and transfer that balance to an address in San Diego.
