Business & Tech

SoCal Business Owner Out $14K After Check Stolen From Mail: Report

Wells Fargo told the business owner that her money would not be returned because she failed to report the fraud in 30 days, NBC4 reported.

CALIFORNIA — A business owner in Southern California recently lost $14,000 when a check to a vendor was stolen from the mail, altered and cashed, according to NBC4.

Phi Dang, who works at her family business selling small appliances, contacted her bank immediately upon discovering the situation, but Wells Fargo told her that her money would not be returned because she failed to report the fraud in 30 days, according to the outlet.

Check fraud is up 365 percent since the coronavirus pandemic, NBC4 reported.

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