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Complete Story
10/06/2024
Is Your Small Business Losing Money To Check Fraud?
Forbes
“No, Rieva, I don’t take checks anymore.” I was surprised to hear these words from one of my long-time home service providers, whom I’ve been paying by check for over 15 years.
“Too risky,” he explained.
As it turns out, check fraud is part of a rising problem in the United States faced by businesses of all sizes. Thomson Reuters recently reported that “the number of suspicious activity reports (SARs) has been steadily rising.”
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