Fake Checks That Make You Pay:
Just because you might have access to the funds deposited via a check does not mean the check is “good.” Although federal regulations require financial institutions to make funds from a deposit available generally within one to five business days, it can take weeks before a bank discovers that a deposited check is worthless. The National Consumers League recently reported that fake-check scams are rising alarmingly. In 2006, counterfeit-check scams shot to the top of the league’s telemarketing fraud list and ranked third among Internet-based scams.
If you want to avoid being a victim of a fake-check scam, follow this one piece of advice from Grant: Don’t ever accept a check if part of the deal involves you sending or wiring back some of the money.
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Good helpful alert Curious Cat……But is there any incidents of examples you have to share with us.