March 22, 2016 @ 04:41 pm
Don't fall prey: a recently reported scam in Auburn involves individuals cashing checks in exchange for cash on-the-spot. There are many electronic scams, but one of the simplest scams does not require computers. The "check scam" tries to have individuals accept a check in exchange for cash. Typically, the conversation goes something like this:
There are many other similar schemes such as online classifieds, promises of a job (such as a payroll processor or secret shopper), or claims that you have won a prize (lottery and rental schemes to name a few).
Protect yourself and your money. When someone wants to exchange a piece of paper (lottery winnings, jobs, checks) for cash (money order, cashier's check, cash) you are probably only getting a piece of paper for your troubles. This can be a very expensive lesson and some have lost hundreds and thousands of dollars. Remember: checks are not cash!
To learn more, including videos: