We have engaged FORVIS, LLP (Attn: Jeff Rosno, 1801 California Street , Ste. 2900, Denver, CO 80202) to perform member verifications. Kindly compare the balance of your accounts on your December 2022 statement WITH YOUR RECORDS. If balances do not agree, please address your discrepancies directly to FORVIS, LLP. Include your name, truncated account number, and an explanation of the difference noted. A reply is not considered necessary unless a difference is noted.
The credit union is experiencing technical difficulties. We greatly appreciate your patience.
By Kirtland FCU Security Team
“It’s an older scam, sir, but it checks out.”
If you’re holding a check, made out to you, you’re going to want to read this before cashing it. Fake check scams have been around for a long time. Technology has opened up new avenues of implementing the scam, but the scam itself remains relatively unaltered. If someone you don’t know wants to pay you by check, be aware—it could be a scam. It could start with someone offering to buy something you’ve advertised on Facebook or Craigslist. It could come in the form of a supposed job opportunity! Or, it could be an even more enticing story of a sweepstakes win! Whatever the method, this scam is still in play for one reason: it works.
According to the Better Business Bureau’s 2018 Scam Tracker Risk Report, check fraud exposure (the likelihood of being targeted by a given scam) nearly doubled from 2017 with a median loss of $1,500 per incident! Fake checks are also a tactic in other types of scams, including employments scams.
Source: BBB 2018 Scam Tracker Risk Report
If you do deposit a check that is not from a friend or family member, wait at least two weeks to be sure it clears before spending any of the money.
If the check is indeed fake and bounces, you will not be out any of your own money. If you’re receiving pressure to do so, it’s a big red flag that the check may be fake.
You can save yourself a big headache by taking these simple steps.
Join us at our 2023 Annual Membership Meeting on Tuesday, March 21 at our Gibson Branch at 4:30 p.m.
Can't be there in person? Register to view online! Click Learn More for more details.
Kirtland CU Online, Mobile, and Telephone Banking will be unavailable on Sunday, December 11 between 12:30 – 7:30 a.m. as we perform system maintenance.