With today’s banking laws you can’t cash a check (even third party checks) if it’s not in your own name and you already have an account at that partucular bank.
Unless USPS workers are exempt from Dodd-Frank or something.
What am I missing?
Yes, how does this work? You steal a check with someone else’s name on it....how do you squeeze cash out of that? Doesn’t the bank require some form of ID?
Fake IDs don’t take much to make once you spend a few grand on the equipment.
Once you have a matching ID, a federal check is as good as cash.