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5/1/26

Letter to USPS on Mail Theft and Check Fraud

ICBA sent a letter to the United States Postal Service offering help with mail theft and check fraud issues. ICBA said mail theft and check washing schemes remain a persistent and growing challenge for the financial services industry and community banks across the country continue to report cases in which customers’ mailed payments are intercepted, chemically altered to change payee names and dollar amounts, and fraudulently deposited at unrelated financial institutions.

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