Police Issue Fraud Warning to Businesses: Suspects are Producing and Cashing Counterfeit Checks on Business Accounts
Jackson police are issuing a warning to businesses about people producing and cashing counterfeit checks on business accounts.
Since March 13, police have received multiple reports of counterfeit checks being cashed on business accounts. This has resulted in losses exceeding $10,000 to three different businesses in Jackson.
The suspects are obtaining the business' bank account and check routing numbers. They will then solicit a willing participant and produce a check to include the participant's name and a bogus amount to be paid.
The participant will then cash the counterfeit check at the bank and give the money to the producer. The participant in turn receives a percentage for their involvement.
Police urge business owners to check their accounts on a daily basis. If you notice a discrepancy, then immediately contact your bank and file a police report.
Anyone with information on this type of activity should contact the Jackson
Police Department's Organized Crime Unit at 731-425-8400 or Crime Stoppers at 731-424-8477 (TIPS).
