Consumer Alert: Overpayment scam making a comeback - WNEM TV 5

Consumer Alert: Overpayment scam making a comeback

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An old scam is making a comeback.

It’s called an overpayment scam, where criminals pay you more than they owe and still rip you off.

Identity theft and scam experts said the scheme is being reported across the country. A con artist sends a check for a thousand dollars, asks the victim to deposit it, keep $200 for themselves and wire $800 back to the scammer.

A few days later, the bank realizes the check is a fake and now the victim is on the hook for the full $1,000.

Investigators said it’s tough to catch con artists behind these scams, because they usually use fake names and contact information. 

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