As fraudsters advance their strategies for online scams, don’t forget the more traditional methods that could be targeted too. Recently, there has been a sharp increase in mail-related check fraud across the country. For instance, reported cases of mail fraud doubled in 2022, compared to 2021.
That’s why this Fraud Friday, we’re focusing on mail-related check fraud. Learn how it works, protection tips, and what to do if you’re targeted.
How mail fraud operates
Scammers are utilizing tried-and-true methods to intercept your checks in the mail. They target USPS blue collection boxes, unsecured residential mailboxes, and even privately owned mail clusters in apartments and business complexes. Their methods include forced entry, fishing devices, and stolen USPS master keys.
Once they have your checks in hand, it’s time for some “check washing” – a process where they alter the original details on the check, like the amount or recipient. These checks can then be sold on the dark web or used to create counterfeit checks.
Protect yourself from mail fraud
Even with the rise in mail-related check fraud, there are concrete steps you can take to protect yourself:
- Use a black gel pen when writing checks. This type of ink is harder to wash off, making it less appealing to scammers.
- Go digital with online bill pay whenever possible.
- Keep checks out of easy reach. Never leave outgoing checks in an unlocked mailbox. If you’re using a USPS collection box, make sure to drop your mail shortly before the posted pickup time.
- Post office drop-offs are the safest way to send checks. When in doubt, hand it directly to a postal worker.
- Keep an eye on your accounts. Regularly monitor your bank statements for any irregularities.
Taking action when targeted
If you suspect you’ve fallen victim to mail-related check fraud, report it immediately to the United States Postal Inspection Service (USPIS).
Remember these tips to help protect your money and your peace of mind. Share this Fraud Friday article with family members and friends to keep them safe from mail-related check fraud as well!