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Ohio Retirement Fund Warning Of Fraud
By: Associated Press
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COLUMBUS, Ohio (AP) – A retirement fund for Ohio police and firefighters is warning people to be on the lookout for fraudulent checks bearing its name.
The Ohio Police & Fire Pension Fund says the checks are drawn from an erroneous account at Huntington National Bank in sums from $1,650 to $5,000. Many are going to people who aren’t members of the retirement system.
The fund advises not cashing any check unless you are expecting a specific amount from them in the mail.
The scam has taken many forms, but usually the recipient is asked to cash the check, keep a portion and forward the balance to the originator.
Authorities at the fund are investigating the matter and working with the bank to minimize financial consequences.