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Fake Check Scams Quiz: Can You Sniff Out the Scam?

Fake check scams are masters of disguise. They'll pose as your new employer, an eager car buyer, or someone who 'accidentally' overpaid you. But underneath every variation, they're exploiting the same banking system loophole: the difference between available funds and cleared funds. Once you understand how that system really works, you're protected against the whole family of scams—not just one. This quiz will show you if you've got the knowledge to stay safe, no matter what flavor the scam comes in.

Questions:7
Est. Time:5 min
Difficulty:intermediate
Progress1 / 7
Question 1 of 71 point

You deposit a check and see the money in your account the next day. According to the blog, what does this mean?

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