The theft, alteration, counterfeiting, duplication, or deceptive deposit of paper or electronic checks to obtain funds without authorization. Common patterns include check washing, forged endorsements, counterfeit checks, and duplicate presentment.
Category: fraud prevention. Part of the Identity Technologist Glossary — more than 200 practitioner-grade definitions covering identity verification, KYC/AML, biometrics, fraud prevention, and compliance. See all terms at https://identitytechnologist.com/glossary.