Mail theft and check fraud now cost Americans over $20 billion a year. Learn how checks are stolen, washed, and cashed—and ...

Criminals use chemicals to “wash” away the recipent's name and dollar amount, and then rewrite the check to themselves.

For many people — especially younger people — checks have dropped to the wayside as payment options. But almost half of consumers still used checks in 2024, according to the Federal Reserve (1). And ...