7 thoughts on “My experience with a “one cent” electronic check scam

  1. Steven

    Here is a wonderful example of why I ALWAYS preach NOT to do any on-line banking or do any on-line financial transactions. As I always say to my bank, and I quote “Money and computers don’t mix!”

    If people make transactions “the old way” (i.e. using cash), then fraud is impossible. In other words, if someone wants to be “up with the times” and use computer transactions, you then become automatically susceptible to the “up with the times scams”. Call me old fashioned, but there is no way on God’s green earth that I have, or ever will do any financial transactions through a computer. Why take the risk? The choice is yours.

    God bless,


  2. Howdy, Steven, and I’m sorry but this story is an example of the OPPOSITE point. In the last 20+ years, I’ve only had two cases of fraud occur in my finances — one was with a stolen credit card number and one was this one — and both of them had to do with plain, old getting physical paper. Even this one involved an actual check, not an online transaction.

    In fact, my online transactions have been the safest. It is the physical transactions that are more risky. You mentioned you had a bank: that means you are just as exposed to this risk as I am and your focus on cash protects you not a bit. Again, this was a physical scam, not an online one. If I had used purely online transactions, this would not have happened.

    So, sorry to be the bearer of bad news, but it looks as though you learned the wrong lesson from the example! This may be a “wonderful example,” but if so it is an example of the opposite of what you preach.

    Here’s to hoping you learn less risky behaviors! 🙂

  3. P.S. It just hit me, Steven, that the electronic aspect of all of this are exactly what made it so easy to solve. For one, again, this was not an “online” fraud — it could happen to anyone with a physical bank account (including you), and no “online” aspect was involved. However, if I did not do my banking online, then (1) I wouldn’t have found out until I got my physical statement, (2) I would have been out more money, since it’s my understanding that the future charges would have gone through before my statement, instead of just the one cent, (3) on finding out, I would not have had the info to take care of it, since the info was only on the fake check’s electronic image and not in any of the statement reporting. So, again, this is an example of the opposite of your conclusion — the “online” aspects not only did not increase my risk in this case, they actually made solving it a snap.

  4. Steven

    I think you are missing the point my friend, the bank (aka: My branch closest to where I live) tells me to use their services, but I refuse to do so, nor do I use any bank to save and invest my money. Moreover, I do not use their services to pay bills. Thusfar, I have never had a problem with “fees” “scams” or anything else. I use a financial institution that a friend of mine owns and runs in a Godly fashion.

    A friend of mine recently (correctly) pointed out that with more and more automation being incorporated into finances (i.e. chip cards etc.) we are moving closer and closer to “the mark of the beast” noted in the Bible. It is happening before our very eyes.

  5. Howdy, again, Steven, and you are correct — I did not realize that when you said “my bank” you sinply meant the bank in your area. As for the “financial institution” that your friend runs and owns, I’d have to check it out before I thought it was a better deal.

    As for the chip cards, etc., your friend is incorrect: these are not the “mark of the Beast” noted in the Bible. You and he should read our booklet “The Beast of Revelation: Myth, Metaphor or Soon-Coming Reality” to understand that better. Cash or gold or choice of financial institution will not save you from the mark of the Beast, though Satan seems to have convinced some that it will.

    Thanks for clarifying!

  6. texasborn

    Even though I never have had a Fifth Third Bank account, I received eight “phishing” emails, purportedly from that bank from August 1, 2006 through January 16, 2007. Have you ever received a faked Fifth Third Bank email, Mr. Smith?

    Also, I have received numerous “phishing” emails regarding the Bank of America, asking me to “confirm my account.”

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