Tag Archives: fox-news/banking

NEWYou can now listen to Fox News articles! Losing your life savings to fraud is not a distant fear; it is a real and growing risk. Scams involving criminals pretending to be bank representatives have surged, with the Federal Trade Commission (FTC) reporting record-breaking losses exceeding $2.9 billion in recent data. These criminals no longer rely on basic phone tricks. …

Once considered an old-fashioned crime, check washing has roared back to life with alarming sophistication.  Criminals are not just targeting personal checks anymore. They  are exploiting every vulnerability in the mailing and banking system to cash in on stolen funds.  As check fraud incidents continue to rise sharply across the country, it is more important than ever to understand how …