Security News > 2021 > June > We Infiltrated a Counterfeit Check Ring! Now What?

Such is the curse of the fraud fighter known online by the handles "Brianna Ware" and "B. Ware" for short, a longtime member of a global group of volunteers who've infiltrated a cybercrime gang that disseminates counterfeit checks tied to a dizzying number of online scams.

A few days after the check is deposited, it gets invariably canceled by the organization whose bank account information was on the check.

"Like the car wrap scam, where they send you a check for $5,000, and you agree to keep $1,000 for your first payment and send the rest back to them in exchange for the car wrap materials," B. Ware said.

"Usually the check includes a letter that says they want you to text a specific phone number to let them know you received the check. When you do that, they'll start sending you instructions on how and where to send the money."

Often the counterfeit checks and labels forwarded by B. Ware's informant come with notes attached indicating the type of scam with which they are associated.

You'll see a label for a letter to go out with a counterfeit check for a car wrap scam, and the sender on the shipping label will be something like XYZ Biological Resources."

News URL

https://krebsonsecurity.com/2021/06/we-infiltrated-a-counterfeit-check-ring-now-what/