Quote:
Originally Posted by tturedraider
One other little tidbit of information. The numbers at the bottom of checks are printed with magnetic ink, known as MICR, that is not readily available outside of the banking industry. I think more “professional” crooks have access to it today, but a fake check produced on a normal computer printer or copy machine will not have magnetic ink in the numbers on the bottom of the check. The significance of that is the equipment checks go through to be processed reads the magnetic ink and not having that ink would cause the check to be unreadable by the machines.
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This is all correct except for the availability piece. Anyone in the world can buy a MICR toner cartridge for their laser printer for around $200 (some are more, some are less). You can get them from Amazon, Ebay, OfficeMax, Staples, CDW, etc etc etc.