zanes_antiques
Posts: 2027
Joined: 9/3/2006 From: Steubenville, Ohio Status: offline
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I have had three people try to scam me with bogus money orders made out for several thousand dollars more than the price of an item I was selling online. This was not ebay it was an online antiques market place. All three of the people UPS'd the bogus money orders to me. One set of three bogus money orders was for a grand total of $4,900. I was only asking $300 for the item listed. Warning bells went off right away when I got the very first set of three "Speed Way" money oders. I called the company and they told me that all three had already been cashed for much less money and were no good. They also told me they didn't make out money orders in amounts that large. The last check I recieved was from a different prospective buyer and it was made out on a major "home lending" institution backed by the federal government. The Freddie Mac Corp.. I contacted them as soon as I recieved the check and as I had thought it too was bogus. They told me to get ahold of the FBI and so I did. My guess is that the sender of the checks would wait until I deposited them but they hadn't cleared and would inform me of his overpayment mistake and ask me to send or wire him the money back. Leaving me responsible to cover these worthless pieces of paper. To make this already long story a bit shorter, the FBI told me they didn't have time to be bothered for any interstate fraud of less than $50,000. Go figure. As long as you keep it in fairly small transactions you're ok.
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I buy, sell, barter, and beg....Zane
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