Protect Your Finances: Ditch Outdated Payment Methods to Prevent Bank Account Theft

Check fraud tied to mail theft is on the rise nationwide, with thieves targeting government relief checks during the pandemic. The U.S. Postal Service is vulnerable, and thieves who intercept checks can change the amount and drain funds from bank accounts. To protect yourself, use payment alternatives like online options or electronic payment apps, and consider using credit cards for transactions. If you must send a check, take precautions such as using a secure envelope, sending it directly to the post office, and using a black gel ink pen. If a check goes awry, contact your bank immediately, file a police report, and monitor your credit reports for any suspicious activity.