Sellers beware of Overseas Buyers sending Checks!!

Shady Lane

Retailers, Manufacturers, ePay, AudiogoN, Paypal or whatever. Buying and selling advice.

152.163.100.8

Hello, Anyone in the USA selling expensive equipment in any internet classifieds, BEWARE OF OVERSEAS BUYERS that wish to pay by any checks. There is a scam going around in which a overseas reprasentetive contacts you, claiming they have someone who wishes to purchase you item or items. They say they will send a check to cover the amount your asking for the item, and an extra couple of thousand or more to cover all shipping charges. They ask you to cash the check immeadatly, prefferably at a check cashing agent to get it cashed as quick as possible. Then to Western Union the extra money(everything over what you were asking)to a person acting as a front for the shipping agent. Even if you tell them that you have to let the check clear in your account(they will do everything to try to talk you into going to a check cashing agent though)before you will ship anything, they might eventually agree and say that fine. They will most likely send you a CASHIERS CHECK from an american bank. It might look just fine. You can call information and the bank has listed phone numbers that coralate with the bank phone numbers on the check. They might even tell you that there is sufficient funds in the account to cash a check in that amount. You might deposit the check in your account and your bank might even clear the check. BUT BEWARE!!! Once you cashed the check and shipped the items, BANG!! People are forging checks with real stolen acount numbers. Your bank might not find out for a week or it might take a month, even if you cash it at a check cashing business the same thing will happen. When your bank is informed that the check was forged, they will automatically deduct the full amount back out of your account. Even if you already withdrew all the money, the bank can and will hold you legally responsible for the total amount, because the check is made out under your name and you were the one sign the back and deposit it. If you cash it at a check casher they will have courts issue a warrant made out for your arrest. I managed a check cashing business for over 6 years. Since leaving 6 months ago, the business has had $10,000.00 of these forged checks get cashed and returned because of forgery. I had an overseas buyer send me a check under the circumstances stated above, but I recconized the check as being an exact copy of the forged checks my former employer had come back as forged. I have since had two more offers from overseas buyers using the same scam!! They use the free email websites using fake names and information to get email addresses that can't be traced back to them.

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Topic - Sellers beware of Overseas Buyers sending Checks!! - Pettorutod@aol.com 20:55:58 11/25/04 (1)

Re: Sellers beware of Overseas Buyers sending Checks!! - Pettorutod@aol.com 22:28:42 11/25/04 (0)

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