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flag Check fraud, costing over $1 billion yearly, is rising due to tactics like check washing, prompting experts to urge electronic payments and quick fraud reporting.

flag Check fraud is on the rise, with criminals using tactics like check washing and counterfeiting to steal over $1 billion annually. flag Victims like Todd lost $10,000 after thieves altered his mailed check, and banks often deny claims if reporting is delayed. flag Experts urge using electronic payments when possible, avoiding sensitive info on checks, monitoring accounts closely, and reporting fraud immediately. flag Securing checkbooks, shredding unused checks, and using fraud alerts can help reduce risk.

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