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Paperhangers cost retailers a billion dollars annually
A UPI report describes paperhangers as professional check forgers who target stores and banks nationwide. Traveling alone or in pairs, they blitz neighborhoods, hang thousands of dollars in bad checks, then vanish. Despite photographic or fingerprint safeguards, they anticipate identification only after the act, while security firms race to trap them in the act.
MENTIONED IN THIS ARTICLE
New York
UPI
Telecredit, Inc
Los Angeles
Telecredit
California
Lee Ault III
Ault
Alexander