California Woman Loses $14,000 to Check Washing Fraud After Mail Theft
An elderly woman in California has reported a loss of over $14,000 due to a check washing scheme following mail theft. The victim sent three checks that were intercepted and modified by criminals, including one originally intended for the San Francisco Rent Board, which was altered to exceed $4,000.
Additional checks meant for property tax payments to San Mateo and San Francisco counties were also targeted. The woman expressed her shock, stating, “I’m shocked. Now I can’t trust the mailbox.” Her son remarked on the loss of confidence in sending physical checks.
Initially, the bank recovered funds for two of the checks but held the victim responsible for the third check totaling over $5,000. After media coverage, the bank eventually refunded $5,137, describing the review process as standard procedure. The U.S. Postal Service has noted a significant rise in mail theft since 2020, urging caution when using physical checks.
FAQ
What is check washing fraud?
Check washing fraud is a scheme where criminals intercept mailed checks, alter the payee and amount, and then cash them, resulting in financial loss for the original sender.
How did the elderly woman lose her money?
The woman lost over $14,000 after criminals intercepted her mailed checks, modified them, and cashed them, including one check intended for the San Francisco Rent Board.
What actions did the bank take after the fraud was reported?
Initially, the bank recovered funds for two of the checks but held the victim responsible for a third check. After media coverage, the bank refunded $5,137 to the victim.
What should I do to protect myself from mail theft?
To protect yourself from mail theft, consider using secure mailboxes, opting for electronic payments, and monitoring your bank statements regularly for unauthorized transactions.
Has mail theft increased recently?
Yes, the U.S. Postal Service has reported a significant rise in mail theft since 2020, highlighting the need for caution when sending physical checks.
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