EUGENE, Ore. -- Although most financial fraud today is considered electronic -- over the internet -- there is still a prevalent amount of check fraud, Oregon Pacific Bank President and CEO Ron Green said.
KEZI 9 News spoke with Green to learn the best ways to avoid being ripped off.
How can I avoid check fraud?
The first step is to ask yourself if you are supposed to be receiving a check of that amount. Does it sound too good to be true?
It’s important to question why you have a check. Oftentimes, if you’ve sold a car for example, you might have a legitimate reason to have a large check, or any check for that matter.
Next, it’s important to check out the check itself. Does the dollar amount in the right-hand corner of the box match the written amount?
Are the fonts different, or is the signature fuzzy?
Green also said to ask yourself if the logo of the bank is clear or a little pixelated, or if it looks bad at all. It’s possible that the check could have been altered.
When in doubt, Green said to tell the sender who gave you the check that you’d like a cashier’s check or ask to go to their bank with them to cash the check.
If you have a banking or finance question for Ron Green, click here.