Mail theft check fraud is becoming an increasingly common tactic used by criminals and it can have serious financial consequences if you’re not aware of the risks.
What is mail theft check fraud?
This type of fraud occurs when thieves steal mail, especially checks, from residential mailboxes, USPS blue collection boxes, or even postal trucks. Once they have a check in hand, they may alter it by changing the payee name or the dollar amount, then attempt to cash or deposit it for their own benefit. This process, often called “check washing,” can be difficult to detect until the damage is already done.
How to Protect Yourself
The good news is there are simple steps you can take to reduce your risk:
- Switch to digital payments whenever possible
Using online banking tools or ACH deposits eliminates the need to mail paper checks altogether, making it one of the safest options. - Be mindful of where you send your mail
If you do need to mail a check, avoid leaving it in your residential mailbox or a blue collection box. Instead, use the secure mail slots located inside your local post office. - Don’t leave mail sitting overnight
Outgoing mail left in your mailbox overnight can be an easy target. Try to send mail earlier in the day or drop it off directly at the post office. - Use a gel pen when writing checks
Gel ink is more resistant to chemical washing, making it harder for criminals to alter the information on your check.
Stay One Step Ahead
Fraudsters are always looking for new opportunities, but staying informed and making small changes to your habits can go a long way in protecting your finances. When in doubt, opting for secure, digital payment methods is one of the best defenses against check fraud.
If you ever notice suspicious activity on your account, report it to your bank immediately so they can help you take the next steps.
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