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The Magic Cafe Forum Index » » Tricky business » » Mobile checks scam (5 Likes) Printer Friendly Version

Nash
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Inner circle
Hong Kong ~ USA
1118 Posts

Profile of Nash
Last year I had a client who sent payment via a mobile check service.
Its pretty cool, essentially a 3rd party company send you a secured digital copy of a check.
You print it out, then you deposit it on your phone's banking app.

But apparently there's something called mobile deposit scam:
"Mobile deposit scams typically involve criminals manipulating unsuspecting victims into depositing fraudulent checks through mobile banking apps, or into releasing their login information for the scammers to do so. They exploit the time it takes for banks to verify the legitimacy of checks, enabling scammers to receive the funds before the banks uncover the fraud."

This week, I encountered a scammer who tried to hit me with the mobile deposit scam.
If they didn't "insist" on using mobile check and having other red flags like claiming to be Living Threads which is a Michigan based religious organization, but hosting an event at Utah State University LOL, I might have fell for it.

When I called Living Threads to let them know, they told me someone got a copy of their mobile check and have been scamming people with it.

So gang, be aware Smile
I teach leaders the magic of curiosity and empathetic communication. Nash Fung | Keynote Speaker | Magician
Dannydoyle
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Eternal Order
22682 Posts

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The more ways that are developed to deposit money remotely legitimately, the more ways there are to be scammed.
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
Fedora
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Special user
Arizona, usa
984 Posts

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A lot of scams out there, one recent one red flagged because the address they gave me has just sold three days before. The scammer chose the most recent sold listing on Zillow as their address.
Mary Mowder
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Inner circle
Sacramento / Elk Grove, CA
3877 Posts

Profile of Mary Mowder
Someone tried the mobile check scam on me yesterday.

There were red flags from the start but I proceeded in good faith. When she started insisting that we use the mobile app, I said I was uncomfortable, she insisted, I persisted.
Today I looked up the address and saw the house was for sale. I called the realtor and explained that I thought it might be a scam and I wondered if the property was occupied. He was happy to help and said no one lived there.
Next, she asks for my address to send a check. I just said I could not do this show and that I was moving on.

I'm not sure how it would have gone down but I'm a little less trustful now.

- Mary
Mindpro
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Eternal Order
11065 Posts

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Good for you Mary! Great that you noticed and picked up on the red flags, and persisted.
Dannydoyle
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Eternal Order
22682 Posts

Profile of Dannydoyle
Mary wise people trust, but verify! Good on ya. There are just far too many ways that things can go so badly today with tech it is hard to even keep up with. A 12 year old kid could probably use tech today to scam me out of money.

I am happy you spotted it before you had to find out how to recover it.
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
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