Caroline Mayer and Griff Witte cover a growing problem with checking account fraud (helped, in part by the growth of automated payments):

When Shereen Greene recently scanned her bank statement, she found a $139 charge from a company she had never heard of — Pharmacycards.com.
The Atlanta paralegal dug out her canceled check and easily saw it was fake. The name on it was her maiden name, which she had not used in seven years. The address was five years old and her signature was missing. In its place, was a brief message: “Authorized by your customer. No signature required.”
Still, the numbers at the bottom of the check belonged to Greene’s bank account, and in the increasingly automated world of check processing, that was all that mattered.