The victim should contact this program using the following information: The procedure is straightforward: Victims must submit the original check along with a completed check complaint form. This form is available on the State Attorney's Office's website or by phoning the program at 1-800-462-3756.
Once these documents have been submitted, the NCUA will review the case and determine whether to proceed with an enforcement action. If so, then a settlement offer will be made which can include any of the following options: payment in cash; a loan from the NCUA; a replacement check; an increase or decrease in the number of points on his or her credit score.
Check fraud causes economic loss to innocent victims who need to spend their money elsewhere because their checks were stolen or used without their permission. Enforcing check fraud victims' rights under federal law ensures that wrongdoers are held accountable for their actions and provides compensation to victims for their losses.
What to Do If You Receive a Bad Check
You must first write a demand letter to the individual who provided you the bad check if you want to suit for the amount of the check plus damages. Your claim is settled if you write a demand letter and are paid the amount of the check plus bank fees within 30 days. You are no longer able to submit a lawsuit. If you do not get payment with the demand letter then you will need to file a civil complaint against the person who wrote the check.
Demand letters are simple documents that tell people what you want them to do or pay you money. They are necessary in order for us to settle our cases out of court. Most people think they can just write a check and avoid dealing with lawsuits, but this isn't true. People who write checks as payment for their debts have a reason for doing so; often, it is because they don't want to spend time going through the legal process. So even though you may not like something being done with your property, you should still give notice of your intent to sue or take other action if you believe that someone has stolen your property.
In addition to telling the person who wrote the check what you want them to do, a demand letter also asks them to pay your attorney's fees if you have one. This is important because without these fees, people would be afraid to deal with us because they wouldn't be able to afford the cost of litigation.
To validate a check, contact the bank where the funds are coming from.
File an online report with the Internet Crime Complaint Center (www.ic3.gov) for potential internet crimes involving counterfeit checks and money orders (a joint project of the FBI and the National White Collar Crime Center).
If you have been the victim of a counterfeit check scam, you should notify your bank immediately by calling toll-free 24 hours a day, 7 days a week. Your bank may be able to stop future checks from being cashed or refund any money lost due to these scams.
In addition, file a report with your local law enforcement agency. They will be able to help you find local stakeholders who can assist with investigating these crimes.
Finally, remain vigilant. If someone e-mails you claiming to be from your bank or another financial institution and asking you to click on a link or answer a survey - avoid clicking anything else until you verify that it's really them. Always check with your bank before answering any questions or opening any attachments that are sent to you via email.
These are just some of the ways that you can protect yourself from becoming a victim of this crime. If you have been victimized by counterfeit check scams, we recommend that you not only report the incident to your bank but also contact us at the Financial Crimes Division of the Oklahoma City Police Department.
It is illegal to write checks on an account that has already been closed. Individuals who wrote the check can take measures to correct the issue, and receivers of the faulty check should first contact the culprit. If required, you can even pursue legal action. However, it is important to note that writing checks on an account that has been closed can still result in charges being levied by your bank.