Rising Risks of Mail Check Fraud and the Need for Digital Payment Transition
TDAY USA TODAY Co Inc
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View chart & analysis → - 1Americans lost more money to check fraud than to debit or gift card fraud in 2025.
- 2Paper checks accounted for 3% of all US payments through 2024.
- 3The amount of stolen checks for Chuck Bell in 2021 was $25,000.
So what's the key point?
Americans are suffering more losses from paper checks than from card fraud. This means that because check payments still exist, there is a high risk of fraud.
Source USA TODAY · View original ↗
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