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Scams & Frauds: CFPB Director: Beware of Counterfeit Stimulus Checks

Fraudsters across the U.S. are sending counterfeit stimulus checks to people in an attempt to con them into paying an advance fee or turning over personal data, the director of the Consumer Financial Protection Bureau (CFPB) warns.

“It’s fraud — it’s illegal,” Kathy Kraninger told AARP in an interview on pandemic-related frauds on the agency’s radar. The fraudsters sending fake checks could be after sensitive information, such as your bank routing number, says Kraninger, 45, a lawyer who has led the CFPB since 2018.

READ FULL ARTICLE: https://www.aarp.org/money/scams-fraud/info-2020/cfpb-kathy-kraninger.html

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