Deposit Fraud Making Rounds in WI

Deposit Fraud Making Rounds in WI

Young adults in Wisconsin are being warned about so-called “deposit fraud” scams. 

UW Credit Union recently released a study that revealed people 30-years-old and under have been targeted for deposit fraud.  The scam is when a person is sent a fake check which they then deposit and spend the money or are instructed to send a portion of the money back to the scammer.  The scammers tend to pose as an employer.

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