Report fraud, scams, and other misuse of the Safeco® name: email@example.com.
Counterfeit Checks: You receive a Safeco check in the mail. The check has the proper Safeco logo, and it seems legit, but there’s a stipulation that you return a portion of the funds for one reason or another. So, you sign the check, deposit it at the local branch of your bank and send back the requested money. Then you hear from your bank. The check was a fraud, and you’re now on the hook for returning all the funds, including any you’ve spent. Now you’re out anywhere from hundreds to thousands of dollars.
It’s a common scam that takes on many different forms. Here are some to watch out for:
Fake sweepstakes, lotteries and more
You receive a counterfeit “prize” check and are asked to return some of the funds as a tax payment or handling fee. But, please keep in mind that Safeco does not conduct, sponsor, or underwrite any lotteries, sweepstakes, or prize drawings and, as such, does not issue checks for any winnings.
Work-from-home jobs and internships
In this scam, you receive a check from the “employer” that includes both your wages and an additional amount. You are told to deposit the check, keep what you’ve “earned” and send the rest to a specified address. But, please keep in mind that a legitimate employer would handle all payments itself, rather than going through an individual.
Payment for goods and services
You perform a service for or sell something to another person, such as on Craigslist. In lieu of paying you with cash or a personal check, the person sends you a Safeco check with you listed as the payee. The check is for more than the person owes you, so you agree to send him the difference. To help prevent this, only accept verified payment methods, such as a cashier’s check.
The bottom line is: Do not cash suspicious checks appearing to be from Safeco. Safeco, nor any bank or other company, will honor them or offer reimbursement for money lost. To further protect yourself, please review the fraud tips below.
For more information about protecting your identity or responding to identity theft, review our blogs on identity protection and tax-related identity theft. Or, visit the Federal Trade Commission or the Internet Crime Complaint Center at IC3.gov.