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Story perspectives

Americans Lost More to Check Fraud Than Cards

By Drooid · · How we work

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Story summary
  • Consumer advocates in the United States urge people to stop mailing paper checks.
  • Federal data for 2025 showed Americans lost more money to check fraud than to debit-card or gift-card scams.
  • Checks made up only 3% of U.S. payments by 2024, according to the Federal Reserve (Fed).
  • Organized crime groups steal checks from mailboxes or bags and then alter or forge them using chemicals.