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Check Fraud and Something for Nothing

10:20 AM Fri, May 26, 2006 |

Remember your first paycheck? No matter how small it was (or still is), it was good to look at those digits knowing you'd earned them with every hour you spent on the job. That's the way many of us started learning about money. We had to earn it before we could bank it.

Now, for some reason, many of us think someone would actually send us money for nothing. Blame it on Ed McMahon; maybe we've seen too many sweepstakes commercials where some unsuspecting person is surprised by a camera crew and a check for million dollars. Well, chances are, Ed's not stopping by your house, and neither is the money fairy. That Canadian lottery check you got in the mail for $68,000? Toss it. The Nigerian "love letter" that popped up in your e-mail in-box, asking you to cash a check for $40,000 so you could receive $8,000? Delete it. Here's an e-mail Two on Your Side received today that's typical of questions I get every week:

I have received a letter informing me that I have won 50,000 that I have not claimed? I checked with BBB, the company came up but no more info on the company. The company is: International Lottery,Inc. out of Miami, FL. We have been receiving many call also from several "customer response" via caller id. I have not answered any of the incoming calls and wanted to see if it was a fraud? I would appereciate any info you may have.

Yes, it's a fraud. Here's a good website explaining how lottery scams work:
http://www.fraudaid.com/ScamSpam/Lottery/index.htm

We just did a story about a teen who got taken by strangers who asked him to cash a check for them in exchange for $5. You guessed it...the check was bad, and now the teen's on the hook for $275.
Something for nothing? Not until Ed McMahon's camera crew shows up at your house.




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