tag:blogger.com,1999:blog-12423159.post6233036675712069814..comments2023-10-26T00:58:20.327-07:00Comments on Fraud, Phishing and Financial Misdeeds: Does anyone know - whether or not - check fraud is on the rise?Ed Dicksonhttp://www.blogger.com/profile/17591588411216721185noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-12423159.post-89906630303047129312007-01-17T04:23:00.000-08:002007-01-17T04:23:00.000-08:00Paul -
There is a lot of truth in your statement...Paul - <br /><br />There is a lot of truth in your statement that we are all paying for it.<br /><br />The losses are normally charged back to the person, or business accepting the check.<br /><br />What they can't charge back is written off as a cost of doing business. Costs of business are normally passed on to the consumer in other areas.Ed Dicksonhttps://www.blogger.com/profile/17591588411216721185noreply@blogger.comtag:blogger.com,1999:blog-12423159.post-31352195506512254422007-01-16T22:47:00.000-08:002007-01-16T22:47:00.000-08:00Re: "...They said the financial institutions in th...Re: "...They said the financial institutions in the United States lose about $12 Billion a year in check fraud, and the retail industry loses a like amount. The total loss being $24 Billion as a result of check fraud. ..."<br /><br />Why do they put up with it?<br /><br />Could it be that they really don't lose money through all this? Is the consumer ultimately paying for it. <br /><br />If so shouldn't it be tax deductable?prying1https://www.blogger.com/profile/04709268799890083117noreply@blogger.com