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Paper Checks, COVID-19 And The Flaw With Analog Relief Payments

PYMNTS

Once the government announced it would be sending out some 200 million $1,000 checks, that was also a clarion call for thieves and fraudsters. Amateurs and criminal gangs, he noted, will pinch checks directly from mailboxes. Professionals will set up advanced printing shops to create scores of professional looking counterfeit checks.

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