Check fraud is everyone's problem. Banks face an increasingly difficult task of separating good checks from the fraudulent ones. They are concerned about saving the assets of their customers and of the banks, while at the same time providing quality and personalized service to the customers. In many cases consumers have no legal liability for check fraud against them, but being the victim of such a fraud can create big problems until the situation is sorted out and accounts are returned to where they should be. Review your banking statements and immediately report any irregularity.
Businesses have additional vulnerabilities.
Many businesses fall victim to financial crimes, check fraud and embezzlement as a result of some lax internal procedures. Read and understand your bank contracts regarding liability, and your company's liability for fraud. If your account is compromised, report the matter to your bank and close the account immediately. If you are suspicious of some activity and are uncertain if the nature of activity is criminal in nature, do not hesitate to call the investigator who specializes in fraud investigations. The Senior Alert Program is a system which provides automatic, daily checkup calls for Milpitas home-bound and Senior residents.