Wednesday, April 27, 2005
Emerging fraud with US postal money orders
You start an online romance, and your new girlfriend in Nigeria says it's hard to buy a laptop there, so could you please buy one and mail it to her. She sends money orders.
What can possibly go wrong?
The money orders can be counterfeit and increasingly they are. Most people don't know all the security features of a genuine US postal money order, so counterfeiters can get away with a sloppy job.
The good news is that a post office money order is one of the hardest documents to forge properly. There's a watermarked picture of Ben Franklin that shows if you hold a money order up to a light, and a microfiber strip next to that.
The US Postal Service has an illustrated guide to telling genuine money orders from counterfeit money orders.
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What can possibly go wrong?
The money orders can be counterfeit and increasingly they are. Most people don't know all the security features of a genuine US postal money order, so counterfeiters can get away with a sloppy job.
The good news is that a post office money order is one of the hardest documents to forge properly. There's a watermarked picture of Ben Franklin that shows if you hold a money order up to a light, and a microfiber strip next to that.
The US Postal Service has an illustrated guide to telling genuine money orders from counterfeit money orders.
# posted by Frederick @ 9:12 PM Email to a friend:
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