Cashier’s check fraud is a growing trend in the financial services industry, and many consumers are falling victim to well orchestrated scams involving the use of counterfeit cashier’s checks. A cashier’s check is a check that is issued by a bank, and sold to its customer or another purchaser, that is a direct obligation of the bank. As such, cashier’s checks are viewed as relatively risk-free instruments, thus the basis of their appeal for counterfeiters. If you suspect that you may have been a victim of cashier’s check fraud, or that you have received a counterfeit check purported to be drawn on Commerce National Bank, please click here to contact us immediately.
For more information, please click the link below to view an OCC Consumer Advisory regarding Cashier’s Check Fraud.