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Scammers are selling cheques stolen from mail in the US
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Scammers alter the recipient or the amount so that they can bank it into accounts that are used to deal with stolen funds.
PHOTO ILLUSTRATION: PIXABAY
Tara Siegel Bernard
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The common way of paying bills by mailing cheques is turning into an enormous problem.
Cheque fraud is growing rapidly, and there is one big reason: Anyone with a smartphone can download an app and within minutes get access to bundles of stolen cheques that thieves are selling in open forums.
