Checking the Cheque

Winter 1999 CSANews Issue 34  |  Posted date : Mar 04, 2007.Back to list

One particularly onerous scam against seniors preys on those suffering from memory loss. Once choosing his or her "mark," the con artist will call the home and attempt to extract as much personal information as possible. A few days later, the con artist calls back, asking questions based on the original information supplied. If the victim does not remember the initial call, the con artist goes into high gear.

"We received your cheque for $1,500, but our records indicate that your outstanding balance is only $800. Send us a cheque for the $800 and we'll return the first one to you." Needless to say, no first cheque had ever been issued...nor should a second one be sent.

Keep a very careful account of when you write a cheque ­ and to whom. Should you not remember a transaction, ask the company to provide paperwork backing up their claim. If you feel that you are being swindled, call PhoneBusters at 1-888-495-8501.