#2 SAFE TRADING TIP -- CASHIER'S CHECKS

Discussion of ways to help ensure a safe trade, so you don't get ripped-off. Do not discuss individuals here. Use the Feedback Forum instead.
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N9LCD
Posts: 329
Joined: Sat Jul 01, 2006 8:32 pm

#2 SAFE TRADING TIP -- CASHIER'S CHECKS

Post by N9LCD » Thu Mar 05, 2020 10:28 pm

When confronted with a scammer trying to pull the Cashier's Check (or any non-personal payment instrument) scam, tell them that your financial institution WILL NOT accept their paper for deposit and that it has to be sent in for collection.

True, a collection will cost you some $$, but, if the scammer's paper isn't paid, you're not out big bucks.

Alternately, you can ask your financial institution if the scammer's paper is valid. If it isn't, report him (or her) to the Postal Inspectors (mail fraud) and the FBI (financial crimes

Hopefully we can make at least a few scammers uncomfortable.

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