Treasury issues information on spotting fake EIP checks

U.S. Treasury checks will be mailed to millions of Americans starting late April due to the CARES Act, and the Treasury and U.S. Secret Service have issued information to help financial institutions and consumers identify counterfeit U.S. Treasury checks. Information on this bulletin can be found on CUNA’s CompBlog.

Anyone who believes they may have a counterfeit economic impact payment check is urged to contact local law enforcement, a Secret Service field office, or the Treasury.

Checks issued from the U.S. Treasury contain several security features, including:

  • Treasury seal – There is a new Treasury seal to the right of the Statue of Liberty. The new seal should read “Bureau of the Fiscal Service” and it replaces the old seal that read “Financial Management Service;”
  • Bleeding ink – When moisture is applied to the black ink on the seal next to the Statue of Liberty, the ink will “run” and turn red;

 

continue reading »