Tuesday, March 11, 2003

New Auction Fraud
A friend mentioned today the latest fraud scam for auction sites. I tried to find an article on this, but couldn't. But figured it would be worth passing along anyway...

Someone sends you a (fake) cashier's check to pay for something, written for more money than you asked for (they have some lame excuse like they already had the check cut and don't want to go get another one; and they ask you to send the difference back to them). You deposit the check and send them the $ they overpaid. A few days later, the bank informs you that the check is fake.

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