If you’re receiving a cashier’s check, you might think it’s a guaranteed form of payment. However, cashier’s check fraud is a common scam that can leave you with a worthless piece of paper and out of your hard-earned money. Knowing how to spot a fake cashier’s check can save you from falling victim to this type of scam.
One of the first things to look for when examining a cashier’s check is the watermark. A real cashier’s check will have a watermark that is visible when held up to the light. If the watermark is missing or looks blurry, it could be a sign that the check is fake. Additionally, you should examine the check for any signs of alteration or tampering. Look for any erasures, smudges, or other signs that the check has been changed in any way.