Oyin Adedoyin
speaker
1,572 appearances
36 recordings
1 series
first heard Mar 2023
last heard Feb 2025
Oyin Adedoyin’s voice in public audio — every appearance, attributed to the second.
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Appearances
You can make a deal to put out $50 from each paycheck every month into a separate account to save for that vacation.
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That way you have something that psychologists call a accountability partner.
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And it makes those financial goals a lot less daunting.
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WSJ Your Money Briefing · How Writing Paper Checks Can Expose You to Fraud and Theft · 25 May 2023
podcast
According to the Treasury Department, in 2022, banks filed 680,000 check fraud reports.
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That's almost double the 350,000 fraud reports filed in 2021.
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The theft of checks mailed through the U.S.
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Postal Service has jumped significantly over the past 18 months, specifically after 2021.
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So according to the Treasury Department, in 2022, banks filed 680,000 check fraud reports.
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That's almost double the 350,000 fraud reports filed in 2021.
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Yeah, for some people, they just prefer it.
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They got into the habit of sending paper checks, specifically, you know, older folks and people who are not as tech savvy are going to be writing those paper checks more.
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In other cases, certain companies only collect paper checks as payment, especially rent companies, mortgage companies, utility services.
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They're going to still be asking for those paper checks.
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A consumer bank managing director at JPMorgan Chase told me that fraudsters don't discriminate.
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So anyone who writes checks can be at risk of this type of fraud.
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However, most of the people that are stealing the checks are not just doing it one time, and they're not looking for a big check.
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They're usually looking for those incremental checks made out to smaller amounts that the victim might not even notice is missing until it's too late.
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Yes, exactly.
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It's really important to check your bank account constantly just to make sure that you're up to date on what's coming in and what's coming out.
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They're stealing these checks from those big blue USPS mailing boxes that you see in neighborhoods and around schools.
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Showing 1301–1320 of 1,572 · page 66 of 79
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