Spring Break
Money scam hits EC area
Police warn community against cashing fraudulent money orders
Spectator staff
Issue date: 9/24/07 Section: Campus News
The Eau Claire Police Department is warning the community about a recent money order scam in the Eau Claire area.
According to a Sept. 14 news release, people have been receiving money orders between $600 and $1,000 from an unknown person through UPS.
A letter accompanying the order asks recipients to deposit the money order and return some of the money back to the sender.
When the time the Federal Reserve deems the money fraudulent - 10 to 14 days later - it sends the money order back to the bank, and the victim is responsible for repaying the bank.
Police warn the document appears genuine, and if anyone receives a money order or "money-gram" that is unsolicited, it should be destroyed right away. Police advise people to shred the document.
Those who believe they have received such a money order can file a report with the Federal Trade Commission at www.ftc.gov.
According to a Sept. 14 news release, people have been receiving money orders between $600 and $1,000 from an unknown person through UPS.
A letter accompanying the order asks recipients to deposit the money order and return some of the money back to the sender.
When the time the Federal Reserve deems the money fraudulent - 10 to 14 days later - it sends the money order back to the bank, and the victim is responsible for repaying the bank.
Police warn the document appears genuine, and if anyone receives a money order or "money-gram" that is unsolicited, it should be destroyed right away. Police advise people to shred the document.
Those who believe they have received such a money order can file a report with the Federal Trade Commission at www.ftc.gov.
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