Checks Counterfeit Check Scams 
PYMNTS
JULY 25, 2018
If the Business Email Compromise (BEC) scam isn’t on the radar of every corporate finance executive, it certainly should be. While the continued strength of BEC scammers may not come as a surprise, the research finds that the scam no longer only reigns in targets with a request for wire transfer.
PYMNTS
JUNE 10, 2019
Business enterprise compromise (BEC) scams are crossing borders, where fraudsters in Africa are targeting U.S. The scam involves communications from fraudsters impersonating company officials, suppliers or vendors, instructing unwitting victims to wire funds to accounts they have set up. companies and government agencies.
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PYMNTS
JULY 12, 2020
As a result, the Secret Service has disrupted hundreds of online coronavirus-related scams, investigated cyber fraud cases, put a stop to sales of stolen COVID-19 test kits, prevented tens of millions of dollars in fraud from occurring and is leading the nation’s effort to combat unemployment payment fraud, the Secret Service said in the release.
PYMNTS
JANUARY 31, 2019
In the UAE, for instance, a group of banks recently banded together to crack down on acts of check-related fraud. The 52-member UAE Banks Federation recently unveiled new approaches to address check fraud activities, such as counterfeit checks, including enhanced encryption technology and unique QR codes on newly issued checks.
PYMNTS
NOVEMBER 17, 2020
Chaos and disarray, of course, have been the hallmarks of the pandemic, and even of the leap in moving from paper checks and in-person commerce and banking to digital conduits. So, it might start with a counterfeit check, but it comes from social engineering from social media,” she offered as an example. “So, Spray And Pray.
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