Counterfeit Cashier's Checks
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Counterfeit Cashier's Checks
- From: "David Teitelbaum" <jtrealty@xxxx>
- Date: Mon, 10 Mar 2003 20:45:35 -0000
For anyone selling a car these days you need to be aware that people
are now conterfeiting cashier's checks. They will look perfect. The
only way to know if it is good is to call the bank and verify the
check with the seriel #, amount, date, remitter, and payee. Obviously
you cannot do this on a weekend. If you must accept a cashier's check
(a bank check) DO NOT LET THE PERSON HAVE THE CAR OR THE TITLE UNTIL
YOU CAN GET IN TOUCH WITH THE BANK. Unless they can give you cash do
not conduct business on the weekend or a holiday. Once you sign the
title and the car is gone all you will be left with is a worthless
piece of paper that will cost you a bounce check charge if you deposit
it. Whenever doing business like this record the person's driver's
license and plate on his car "just in case". 99% of the time this
won't be necessary. It seems it isn't just "buyer beware"!!!!!! A
variation going around, especially from the internet, is a forgien
buyer sending MORE than your asking price and then asking you to send
him the balance. Now not only are you out your mechandise but you also
sent him REAL money. Be careful out there.
David Teitelbaum
vin 10757
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