25 Investigates: Fake check scam victims on the hook for the fraudulent funds | Boston 25 News скачать в хорошем качестве

25 Investigates: Fake check scam victims on the hook for the fraudulent funds | Boston 25 News

Fraud is on the rise. The Federal Trade Commission says it received 2.8 million fraud reports last year totaling more than $5.8 billion in losses, a 70 percent increase from 2020. In each case, the fraudster’s goal is to get an unsuspecting individual to send or transfer money to them. One tried and tested method is the fake check scam. The scam works because it exploits a loophole in banking policy. For the full story click the link: https://bit.ly/3B0oF0w Sign up to our daily newsletter: https://membercenter.boston25news.com... SUBSCRIBE: https://www.youtube.com/user/myfoxbos... ABOUT Boston 25 News: Boston 25 News is your home for breaking news, live video, traffic, weather and your guide to everything local for Massachusetts CONNECT WITH Boston 25 News: Visit the Boston 25 News WEBSITE: https://www.boston25news.com Like Boston 25 News on FACEBOOK:   / boston25news   Follow Boston 25 News on TWITTER:   / boston25   Follow Boston 25 News on INSTAGRAM:   / boston25