Is "DFAS-CLEVELAND RET NET" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "DFAS-CLEVELAND RET NET"?

The Defense Finance and Accounting Service (DFAS) has been in operation since 1991. DFAS is responsible for providing finance and accounting services for the Department of Defense. The agency manages payments to Department of Defense employees, military and civilian retirees, vendors, and contractors. Additionally, DFAS handles financial management, accounting for appropriations, and the monitoring of fiscal policies within the Department of Defense. The services provided by DFAS are aimed at ensuring the accountability and efficiency of the Department's financial operations.

  • DFAS-CLEVELAND: Defense Finance and Accounting Service based in Cleveland
  • RET: Retirement
  • NET: Net amount

    • Verify if this transaction is fraud in 30 seconds

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

    STEP 1

    Connect your Email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

    STEP 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

    STEP 3

    Reconcile

    Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.

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