MLUG: Re: [MLUG - DISCUSSION] There's a Scam for everything
Re: [MLUG - DISCUSSION] There's a Scam for everything
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Michael wrote:
> 
>> Entering a search for "boat buying scams" I found that this is a common
>> scam. Apparently, what they do is send you a cashier's check that is for
>> more than the value of the boat with the explicit directions that you 
>> are to
>> send the remainder of the value of the cashiers check to them immediately
>> upon receipt, along with the title. Of course then the check bounces 
>> and you
>> no longer have the title of the boat.
>> Now this is a pretty hard scam to pull on someone that has no money as is
>> the case with me. It would be hard for me to send them a couple of 
>> thousand
>> dollars without the check first clearing the bank.
>> This is just another one of those messed up things on the Internet that I
>> guess we have to put up with. Annoying.
>>  
>>
> Well.. anyone that doesn't wait for a check to clear before giving a 
> product in return is pretty clueless anyway so I couldn't feel to bad 
> for such people.

Yes, but a "check clearing" doesn't mean what you think it means.  The 
check does truly clear for several weeks, and the bank can come back and 
demand the money back if the check turns out to be fraudulent.

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