Qchex Shut Down, Scammers Everywhere Weep

Qchex Shut Down, Scammers Everywhere Weep

ArsTechnica reports that a judge has ordered Neovi, the company behind Qchex, to immediately stop offering their service, which allowed people to create and send checks drawn on any bank so long as they provided the account info. As you can imagine, this led to abuse by scammers who would use Qchex to create fraudulent checks.