News & Resources

Fri, Jan 3, 2020| | Articles

New Year and New Fraud

New Year and New Fraud

With the new year comes the inevitable problem of writing the correct date for the first few weeks of 2020; however, this year comes with new challenges. Police and fraud experts across the country are warning people to not abbreviate the year 2020 when writing the date, as it can be easily manipulated. For instance, March 14, 2020 being abbreviated as 3/14/20 could be easily modified to 3/14/2018 by simply adding “18” to the end.

The issues that can arise by abbreviating the date in the year 2020 is especially concerning when executing legal or financial documents. By abbreviating the year, legal and financial documents can be backdated or postdated to change obligations and due dates. A closing date on a real estate contract could be changed to put a buyer in default and at risk of losing their deposit.

Don’t become a victim and protect yourself against fraud by simply writing out the full date.

With three offices located in Melbourne/Viera, Vero Beach and Coral Gables, the law firm of Rossway Swan serves clients throughout Florida. Contact us today to speak with one of our experienced attorneys.