Point CPA logo

Point CPA


P.O. Box 1411 Bismarck, ND 58502-1411



July/August 2021

Spotting a Scam

Spotting a Scam

In 2019, there were 27,000 reported fake-check scams, resulting in losses of more than $28 million. Recognizing the telltale signs of a scam may prevent you from becoming a victim.

Common “Scamagories”
Common scams to watch for include:

Car Wrap Deals. Victims who agree to use their vehicles for advertising are asked to wire money from a checking account to a decal installer who never shows up to do the wrap.

Overpayments. Scammers who buy items that someone is selling online “accidentally” send a (bad) check for more than the cost and ask for a refund of the difference.

Avoid Fake-check Scams. Never send money to someone you don’t know. If you are a victim of a fake-check scam, report the scam at ftc.gov/fakechecks or ftc.gov/giftcards.


Enter your Name and Email address to get
the newsletter delivered to your inbox every month.


Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Point CPA PC and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.