Tag Archives: Fraud


Howard Lipset of www.thecfo.wordpress.com tells his story of how someone tried to scam him with a bad check.This story is true.  The names have been left out.

On Monday, a client deposited a cashier’s check and emailed me a copy. In the email, I was told that the check exceeds the payment amount and that I need to wire back a refund of $2,600.

In the back of my mind, I recalled that there was a scam involving counterfeit cashier’s checks and when you wire back the money, your deposit bounces, and your wire is gone and along with your money. I told the client that we had to wait before we could send the wire. Something did not smell right.

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