How long does it take for the scammers check to bounce


6 replies to this topic
  • wr250rr

Posted January 18, 2005 - 04:15 AM

#1

Im selling a bike and somebody wants to send me a certified cashiers check or money order. But it sounds fishy.
I got a funny feeling its one of those deals where you cash the check, it clears, you ship the bike, then the bank comes back to you and say it was a fake check and takes the money back.
My Question is: Does anyone know how long it takes the bank to come back and want their money?

  • rebel1916

Posted January 18, 2005 - 04:20 AM

#2

i would wait at least a month

  • rockchucker22

Posted January 18, 2005 - 04:41 AM

#3

"certified cashiers check or money order" they are as good as cash the bank cannot stop payment on a moneyorder or cashiers check.

  • grreatdog

Posted January 18, 2005 - 05:19 AM

#4

That isn't how the scam works. It uses counterfeit certified cashiers checks or money orders. The now infamous Nigerian scam uses counterfeit cashiers checks and money orders that look good enough for the bank to accept as deposit. But once the bank submits them for payment they are rejected. So then the bank takes the money for the cashed check back from you because you were the bearer. In the mean time whoever overpaid you with the fake cashiers check or money order has asked that you wire then some amount in return.

It isn't as cheap as a cashiers check, but if someone is serious have them wire you the money via Western Union or use Paypal. Even then do not send money back. The FBI and Secret Service web sites say it takes two weeks for the bank to discover the counterfeit check.

  • wr250rr

Posted January 18, 2005 - 05:33 AM

#5

I'm half tempted to accept the possible fake check and deposit it and wait a few weeks to see what happens.
Do you see anything wrong with that?

  • HalfNutz

Posted January 18, 2005 - 06:25 AM

#6

I wouldn't. What's the upside for you?

  • wr250rr

Posted January 18, 2005 - 06:49 AM

#7

I would scan it and post it on several forums to advise other potential victims.
If I could save 1 person from being scammed, it would be worth it to me.
Maybe if I bring it to the authorities they could catch him.





Related Content

Reviews

Beta 350 RR 2014 by Bryan Bosch


Beta 350 RR 2014
  • - - - - -
  • 0 reviews
Forums
Photo

How to get more power/speed out of a pw50 by JAMRACING21


Dirt Bike   Special Interest Forums   Mini/Pee-Wee
  • Hot  55 replies
Forums
Photo

yz 2000 and 2003 cylinders by dawson1120


Dirt Bike   Make / Model Specific   Yamaha   Yamaha 2-Stroke
  • 6 replies
Reviews

Kawasaki KX250F 2014 by Michael499


Kawasaki KX250F 2014
  • * * * * *
  • 1 review
  • Last review by Thunder Bike
  • On Yesterday, 02:04 AM
Forums
Photo

DRZ125 Carb Set Up & Service - Incl Air Screw! by beamishnz


Dirt Bike   Make / Model Specific   Suzuki   DR-Z 125/125L/250
  • Hot  31 replies
 
x

Join Our Community!

Even if you don't want to post, registered members get access to tools that make finding & following the good stuff easier.

RegisterSign InClose
If you enjoyed reading about "" here in the ThumperTalk archive, you'll LOVE our community. Come join ThumperTalk today!

The views and opinions expressed on this page are strictly those of the author, and have not been reviewed or approved by ThumperTalk.