bank scams

I have seen a recent bank scam. A client got a perfectly counterfeited cashiers check with a letter instructing them to be a secret shopper. You can guess how this would go. It turns out instead of depositing the check and wiring money to the scammer instead the client brought the cashier's check to me and I was able to determine it was a fake by calling the credit union that issued it.




In the appellate case Chino Commercial Bank v. Peters, a bank deposited $458,000 of fake cashiers checks and wired the "money" to the scammer. The cashier's checks bounced and the bank sued the customer and the appellate court held they were responsible.



Be careful if anyone wants to give you money.



Peter Stone

Attorney 800-529-7866

www.stoneinjurylaw.com