PCmag reported a story that the United States Postal Service, in conjunction with a few other countries, has seized over 2 billion dollars in bad checks. Wow, that’s allot of money, fake or otherwise.

Here’s how the scams work:

1. The scammers spam you and offer you a 10% fee for letting them use your bank account to deposit money in the United States.
2. They then send you checks to deposit into your account.
3. Your bank then credits your account with the money.
4. You then send them some of the money back.
5. They have your money and are laughing as they dance naked on the beach in Cancun.
6. Your bank finds out that the check is bad and removes the deposit from your account.
7. You cry and whine and gnash your teeth because you tried to get something for nothing.
8. The big problem is that this scam is used to finance terrorism around the world, and your greed and stupidity could have just cost someone their life!

Now that you know the truth, try not to get greedy and fall for it. OK?

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