Fraud can occur on checks associated with your deposit accounts. Prevent this type of fraud by protecting your statements, online banking credentials, checks, and check usage. These are a few types of check fraud: Counterfeit
Counterfeit checks are fraudulent checks that are being created and negotiated. The fraudster will create checks that may or may not look like the valid checks and fill out and sign the check.
Forged Maker
Forged maker fraud occurs when a valid blank check is intercepted or stolen by the fraudster. The criminal will use the valid check, filling it out as the maker.
Altered
An altered check is a valid filled-out check that is then altered or changed. Alterations usually include the amount and the payee.
Forged Endorsement
A forged endorsement happens when a valid filled-out check is then intercepted or stolen. The fraudster will pose as the payee and attempt to negotiate the item.