This transaction allows the exact amount of money to be debited from the customer s bank account at the time of purchase. If the money isn t in the account, the transaction will not be approved. If you are a victim of check fraud, send a certified letter to the individual, if you have the name and address. If the party does not respond to you, usually within 10 to 15 days, depending on your state law, you can file a criminal charge against them. Report the fraud to the police, and your bank immediately.
Every state has a different criminal code of laws.
Inc. May be reprinted in whole or part with attribution. Inc. Return to Tips on Scams . Return to Management Guide . Return to Home Page .