After receiving numerous inquiries from consumers, the NCUA issued a warning Monday about a fake check scam.
The federal agency said it has received about 12 calls over the last 10 days from consumers about a fake check scheme. The NCUA noted in its prepared statement that the Federal Trade Commission issued a fake check scam alert last month.
The NCUA said the fake check scam recently reported by consumers follows a typical pattern seen in many other schemes from the past. Scammers lure consumers into depositing a cashier's check, money order or other checking instrument from someone they don't know. Unsuspecting consumers are then asked to wire or send the money to the scammers.
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