Published on Wed, 07/05/2023 - 12:00am
You open your bank statement to do your monthly account reconciliation, (yes, you do this religiously every month), and you see a check you don’t recognize. It’s not in your check register as a paper check or debit transaction. You don’t recognize the payee. You realize that it’s a very clever forgery – the image of the check has the correct bank routing number and your account number, and even your printed name and address and the bank name - but it’s not your check. And it’s for a significant amount of money.