A company sent me a check that supposedly was for lottery winnings. The company told me to cash the check and to return some of the money to cover processing fees. I deposited the check, but it turned out to be fraudulent; the bank then stated that I had to repay them. What can I do?
If your bank gave you credit for a check that is found to be fraudulent, the bank can reverse the funds from your account. As the payee of the fraudulent check, you must pursue the maker of the check if you wish to seek reimbursement.
Two tips: Never accept a check from someone you don't know, especially if the person wants you to send some of the funds to a third party. Be cautious with any offer that asks you to pay for a prize or gift.
Learn more on the Report a Fraud/Scam page.
Last Reviewed: October 2020
Please note: The terms "bank" and "banks" used in these answers generally refer to national banks, federal savings associations, and federal branches or agencies of foreign banking organizations that are regulated by the Office of the Comptroller of the Currency (OCC). Find out if the OCC regulates your bank. Information provided on HelpWithMyBank.gov should not be construed as legal advice or a legal opinion of the OCC.