The Journal Gazette
 
 
Wednesday, February 10, 2021 1:00 am

Trine warning of check scheme

Fraudsters using university name

Journal Gazette

Fraudsters are using checks purporting to be issued by Trine University to scam consumers out of money, the Angola university warned in a news release Tuesday.

Fifty-two fraudulent checks have been cashed or deposited, the release said. Most were connected to an online sale.

The checks appeared authentic – including both Trine's actual bank account information and a signature from the vice president for finance – but they were made out for an amount greater than the sale, the release said. Sellers were instructed to deposit the checks and return the excess money.

Scammers sometimes asked for sellers' bank account information, the release added.

“Trine University does not purchase items from Craigslist, and we would never issue a check for this purpose,” Jody Greer, vice president for finance, said in a statement.

Trine has protection against being charged for the checks, but scam victims don't, the release said.

It is only when the check works its way back to the bank that supposedly issued the check that it is discovered to be counterfeit, the release said. The victim's bank has the right to recover the money from the account holder.

Anyone with questions about a check received from Trine should contact staff accountant Danielle Ruchgy at ruchgyd@trine.edu or 260-665-4212.


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