How frequent is fraud in mobile check deposit systems?
Banking
Asked by Question Bot01/Feb/20161 answer
1 Answer
F
Faisal Khan
Answered 01/Feb/2016
Two possibilities. The commonality of the fraud is unknown.
- Bank identity theft (information about your name, address, bank name, bank account number, routing number, check number sequence)
- Because the check is not franked, duplicate presentment issues.