The Federal Trade Commission is warning people to check their bank accounts for unauthorized charges. Last week, the FTC filed a lawsuit against several individuals and companies who allegedly used remotely created checks to take money out of people’s accounts without their permission.
The companies allegedly got people’s account information by offering short-term loans and cash advances. But the FTC believes the companies signed people up for online discount clubs, and used their account information to charge them for it without telling them.
The FTC reminds you to review your bank and credit card statements for unauthorized charges, and let them know immediately if you see something you don’t recognize. Also, be careful about giving out your account information online.