We just experienced fraud on one of our bank accounts. This is an account we use for all of our grant writing. Somehow they have images of our checks and have been able to remake checks payable to themselves. We had one that succesfully cleared our account, but have been able to stop others. We closed the account and are now reviewing every pending transaction closely.
Has anyone experienced this and what did you do to help prevent future fraud? Are there any other ways to send out grant money that is safer than mailing checks?
Thanks in advance!