Quote:
Originally Posted by Flashpoint
Don't think just because a cheque clears that you are safe.
I was selling some stuff on Craig's list last year and encountered a frequent scam. You are contacted by an out of state buyer who will take the merchandise unseen. He'll mail you a cheque. It arrives, and you cash it no problem. You send the merchandise (or a "cousin") comes to pick it up. Then about 2 weeks later you are contacted by the bank, and they inform you you have passed a fraudulent cheque and are opening an investigation into you.
Dude has disappeared. You are left holding the bag.
It happens often enough that Craigslist has a full section on it, and encourages everyone to only sell stuff locally to people who they can meet face to face (which is what I told the guy who wanted to send a cheque - who I then never heard from again).
Good read for people selling stuff.
Various Scams to avoid |
Im confused as to how the bank would pass this through and cash it and then doubleback and say its fraudulent, its either one or the other, no?