Reply to post: How do banks still get away with this s**t...

5 Nigerian gangs dominate Craigslist buyer scams

depicus

How do banks still get away with this s**t...

Why don't banks simply not clear cheques until they are 100% sure they are real ?

Perhaps to protect their margins and save on the cost of employing somebody to actually check the cheques instead of just relying on customers to report fraud then refund them.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon