INV 1705 Quiz 4 Cheque Tampering

Which of the following is a red flag for cheque tampering?

• Mismatched handwriting on a cheque

• Regular cheque transactions with vendors

• Use of electronic payments for transactions

• A well-maintained cheque register

What is "payee alteration" in cheque fraud?

• Endorsing a cheque before cashing it

• Depositing a cheque before the due date

• Writing a cheque to the correct vendor

• Changing the name of the payee on a cheque

Which of the following is a standard method of cheque tampering?

• Only accepting digital payments

• Erasing or modifying the cheque details

• Using a watermarked cheque for security

• Signing the cheque in front of a bank officer

What is cheque tampering?

• Using a cheque to withdraw money from an ATM

• Destroying old cheques for record-keeping

• Altering or forging a cheque to steal funds

• Writing a post-dated cheque for future use

How do fraudsters commit cheque tampering?

• Depositing cheques into the correct accounts

• Altering the payee name or amount on a cheque

• Verifying all cheque transactions before processing

• Reporting lost or stolen cheques immediately