Does this seem kinda shady to you?

[DaWhim]

SCAM!

actually no, do the business with him and tell him that you will need 15 days for the cashier check to be cleared.

 

[RobCur]

Originally posted by: DaWhim
SCAM!

actually no, do the business with him and tell him that you will need 15 days for the cashier check to be cleared.

You can tell them you can only accept the exact amount which I know they can't or they can fvck off 🙂

 

[prvteye2003]

I got one of these last week trying to sell a couple of speaker boxes and some rims. Pretty much the same thing. I told them I only accept cash and never heard from them again. I tried to call the local pd to see if they wanted the email info but they weren't interested.

 

[SmoochyTX]

The scam works because the Federal Deposit Insurance Corp. (FDIC) requires banks to make money from cashier's, certified, or teller's checks available in one to five days. Consequently, funds from checks that might not be good are often released into payees' accounts long before the checks have been honored by their issuing banks. High quality forgeries can be bounced back and forth between banks for weeks before anyone catches on to their being worthless, by which time victims have long since wired the "overpayments" to the con artists who have just taken them for a ride.

Although this scam is in its infancy, real people have already been bilked out of thousands of dollars by it ? in some cases tens of thousands. The con has claimed victims in communities across the USA, so don't let your not having heard about it before lull you into a false sense of security. That the game is new doesn't mean it's not dangerous.



What You Can Do:

* No matter how sweet the deal, don't get involved in any sale where the buyer wants you to accept a check for an inflated amount and refund the overage.

* If you accept a cashier's check as payment for something you have sold, make sure it has cleared the issuing bank before you refund any money or surrender possession of the vended item. It may take two to three weeks for the banking system to determine the check is counterfeit, so even if the funds look like they're available (and even if your bank tells you they are), hold onto whatever it was you sold and the funds you received for it for three weeks.


* If you have been bilked, call the U.S. Secret Service at (202) 406-5572 or write to U.S. Secret Service, Financial Crimes Division, 950 H St. N.W., Washington, DC 20223. Also, call your state attorney general's consumer protection division.


Edited to say: The above was taken from the snopes.com link I posted earlier.

 

[vegetation]

Never take a certified or cashiers check for big dollar amounts. Insist on US postal money orders only. You can take the money order to a USPS station and they can tell you if it's stolen or bogus as they have a real-time database of the serials on file.

 

[KhoiFather]

LOL, the guy told me he was from Switzerland. Geesh...