Do you ever sell things via Ebay, Craig’s list or other online platforms?
Be aware of a recent scam using phony MoneyGram or company checks. Here’s how it works:
You list a computer for sale at $400. You then receive a commitment from a buyer who promises to send the payment immediately via MoneyGram.
A few days later a MoneyGram (or perhaps even a different money order or company check) arrives for $1500. Then you get an email apologizing for the mix up and the buyer invites you to cash the MoneyGram (or check) and return the balance, perhaps minus an additional $100 for your trouble. The buyer also explains that he or she lives in the area and would rather arrange to pick up the computer.
No problem, right? You cash the check, send the buyer the overpayment of $1000, happily pocket your $500, and await the next email about when the buyer wants to pick up the computer.
Only that email never comes.
And the MoneyGram (or check) is no good. You are now out the entire $1500 plus bank fees. You would be surprised how many people fall for this, especially with a phony MoneyGram that looks official.
A little different take on the old adage “caveat emptor”. Now it’s more like “seller beware”
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