Check Scams

Beware of the letters and e-mail notifications you may receive notifying you of an award claim, but in reality are check scams. The usual pattern is you receive the notification that you have won a lump sum amount – usually several thousand dollars – and a check along with it or another mailing shortly thereafter with a check.

It is important that you not deposit the check or take this alleged award seriously – as it is bogus – not worth the paper it is written on. Scrutinize it carefully, but don’t spend it. It may look legitimate, but it is not.

Usually after you receive the check and deposit it another e-mail or letter follows saying you need to send back some or all of the money for one reason or another – before the check has had time to clear the credit union. Sometimes they will send someone in person to pick up the money.

If you fell for this and deposited the check and then send it back, or give the money back, you will be out the money from your own personal money, as the original check was worthless and will not clear the financial institution it was supposedly from.

Remember the old saying, “If it sounds too good to be true – it probably is.”


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