Mediacom Communications Warns Consumers Of Fraudulent Check Scam

MEDIACOM COMMUNICATIONS CORPORATION (Nasdaq: MCCC) has become aware that a postal mail scam targeted at the general population contains checks that appear to be drawn on a Mediacom bank account. Mediacom is not connected in any way with this scheme and Mediacom alerts the public that the checks are fraudulent and should not be deposited. Even though one version of the letter purports to be from “Mediacom Corp.” none of the letters were sent by Mediacom.

The scam involves letters claiming that recipients have won prizes in one of several lotteries and that enclose phony checks bearing Mediacom’s name purporting to pay for taxes on the prize. The letters direct the recipients to call a claims agent who will then advise the recipient to send payments for an amount less than that of the enclosed check via Western Union or comparable money order. Recipients are led to believe that they can pocket the difference between the enclosed Mediacom check and the Western Union payment in addition to the promised prize money.

The perpetrators of this scam have not specifically targeted Mediacom customers, rather the letters appear directed to members of the public at large. Anyone who receives a letter along these lines that contains a check purportedly issued by Mediacom should destroy both. Under no circumstances should recipients attempt to deposit the fraudulent checks, nor should they forward the funds requested. Members of the public or Mediacom customers who have been harmed by this scam should contact local law enforcement authorities.

Mediacom Communications is the nation's 8th largest cable television company and is one of the leading cable operators focused on serving the smaller cities and towns in the United States. Mediacom Communications offers a wide array of broadband products and services, including traditional video services, digital television, video-on-demand, digital video recorders, high-definition television, high-speed Internet access and phone service.

Copyright Business Wire 2010

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