The Basic Ploy  

A scammer tells you they’ll provide a check that you can deposit digitally into your account, all you have to do is send a portion of the money back to them, then you keep the rest. When you deposit the check, CEFCU will attempt to collect the money only to discover the check is fake. That leaves you responsible for returning the amount of the check as well as a returned check fee. Sadly, if you provided the scammer with any portion of the check, that money is now gone.  

The Bottom Line  

  • Never give your online banking credentials to anyone.  

  • Never deposit a check sent digitally, or any type of check received from a person you do not know. As soon as you deposit a check to your account, you’re responsible if the check doesn’t clear.  

  • Be suspicious of strangers on online platforms like Snapchat, Facebook, and Instagram wanting to send you money.