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#2241162 - 08/18/20 01:33 PM Check Returns
Michelle Offline
Junior Member
Joined: Oct 2017
Posts: 46
We have a member who fraudulently deposited funds to their account via ACH; it's part of the Unemployment scam throughout the country. Between the time of the deposit and us realizing the funds were fraudulent, the member wrote three checks. Our Fraud area is asking that we attempt to return the checks because they were drawn on fraudulent funds. I am not aware of a provision that will allow us to do this. Is there one?

Thanks,
Michelle

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#2241163 - 08/18/20 01:40 PM Re: Check Returns Michelle
Skittles Offline
10K Club
Skittles
Joined: Sep 2002
Posts: 13,935
TN
Have the checks cleared the account?
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#2241167 - 08/18/20 02:48 PM Re: Check Returns Michelle
Michelle Offline
Junior Member
Joined: Oct 2017
Posts: 46
Yes, they cleared on July 26, 27 and 28th.

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#2241168 - 08/18/20 02:55 PM Re: Check Returns Michelle
Skittles Offline
10K Club
Skittles
Joined: Sep 2002
Posts: 13,935
TN
You are correct - there is no provision to return the items. If you had wanted to do so it must have been within the 24 hour deadline.
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#2241172 - 08/18/20 03:30 PM Re: Check Returns Michelle
Michelle Offline
Junior Member
Joined: Oct 2017
Posts: 46
That's what I thought. Thanks for confirming!

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