With color laser and inkjet printers so cheap – it’s amazing that we don’t see more check fraud.
Hopefully your company never has to wrestle with check fraud. The way the scam works is simple — one of the company employees (could also be a vendor who received a check and is therefore privy to account information) prints their own checks on a color laser/inkjet printer (using the company routing numbers, etc). Very easy to do as the software for this capability is widely available – and fully legal. Very convincing because you cannot tell a fake check from a real one. You usually see this type of fraud at companies with lots of employees and higher turnover (think employment agencies, construction companies, landscapers).