...... According to a survey released Wednesday by the Consumer Federation of America (CFA), nearly a third of all adult Americans have been approached with fake check scams and at least 1.3 million have fallen for it.
They didnt realize the pitch and the check were both phony until they wired off the money, says Susan Grant, CFAs director of consumer protection. She says the average victim gets taken for between $3,000 and $4,000.
Sally Greenberg, executive director of the National Consumers League, puts the yearly loss at $20 to $60 billion a year. Her group runs the Web site fakechecks.org. These are very persuasive scams that play on peoples vulnerability, she says.
Heres another reason so many people get burned by these counterfeit checks: They look legitimate. They look so real your bank teller cant always tell its a fake, says Allison Southwick of the Better Business Bureau. ...........
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