WASHINGTON D.C. – As millions of Americans await their slice of the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act, a new wave of fraud is hitting the nation. The U.S. Secret Service, alongside the Treasury Department, is scrambling to warn citizens, retailers, and banks about a surge in sophisticated counterfeit U.S. Treasury checks. The agency isn’t waiting for reports – they’re proactively warning the public about what’s coming.
The problem isn’t just that the checks are fake; it’s that they’re *easy* to fake. Criminals are seizing on the massive rollout of these payments, hoping to exploit the chaos and unsuspecting victims. The Secret Service is actively partnering with law enforcement agencies nationwide to disrupt these schemes and recover stolen funds, but they need the public’s help. “With the implementation of the CARES Act, comes opportunities for criminal activity,” a source within the agency stated bluntly.
So, what should you look for? The Secret Service is emphasizing several key security features. First, examine the Treasury Seal. A new seal, reading “Bureau of the Fiscal Service,” has replaced the older “Financial Management Service” version. Secondly, apply moisture. Genuine checks feature “bleeding ink” – the seal will “run” and turn red when wet. A watermark reading “U.S. TREASURY” is visible when held up to the light. There’s also microprinting on the back of the check that spells out “USAUSAUSA.”
Beyond the physical features, ultraviolet (UV) light reveals hidden patterns. Prior to 2013, checks displayed “FMS” lines bracketed by the FMS and U.S. seals. Newer checks showcase “FISCALSERVICE” under UV light. Either pattern indicates a potentially legitimate check. However, the most obvious identifier for these specific payments is a phrase printed on the lower right side of the Statue of Liberty: “Economic Impact Payment President Donald J. Trump.”
The Secret Service isn’t just asking citizens to be vigilant. They’re urging retailers and financial institutions to double-check all U.S. Treasury checks, especially those received in the coming weeks. Anyone suspecting a fraudulent check should immediately contact their local law enforcement, a Secret Service Field Office, or report it to the U.S. Department of the Treasury, Office of Inspector General. The IRS’s TIGTA (tips.TIGTA.gov), the Internet Crime Complaint Center (www.ic3.gov), and the National Center for Disaster Fraud are also key reporting avenues.
This isn’t just about money; it’s about ensuring vital relief reaches those who need it most. The Secret Service and Treasury Department are determined to shut down these scams, but they can’t do it alone. For more information about U.S. Treasury check security features, visit the official guide on the U.S. Treasury website. The agency is bracing for a significant uptick in these cases and is urging the public to remain cautious and report any suspicious activity immediately.
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Key Facts
- Agency: U.S. Secret Service
- Category: Fraud & Financial Crimes
- Source: Official Press Release
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