<VV> scam-no corvair

[RoboMan91324@aol.com]

Hello Spence,

It is highly likely that this is a scam.  The dirtballs rely on the fact that 
most people and even tellers in banks assume that a "certified" check, 
"official" check, "Money Order" or whatever they are called are the equivalent of 
cash and will free up the money in your account immediately.  The problem is 
that they can't check the validity of the international check for as long as 
weeks after it is deposited.  The theoretical "cash in the bank" gives the victim 
a false sense of security so that he feels confident that he can send the 
"extra" cash wherever the con artist asks.  Of course, the victim is then 
responsible to the bank for the money.  The con men usually give a reasonable excuse 
for sending the extra cash such as they want you to send a real money order to 
the guy who is supposedly handling the shipping of the car or something 
similar.  On the remote chance that it is a real deal, your friend should sit on the 
money for a couple of weeks.  Better yet, only accept an electronic transfer 
of funds from the buyer's bank to yours.  Obviously, you don't give access 
codes to the other party that would allow them to withdraw funds.

Good luck to your friend,
Doc
~~~~~~~~~~~~~~~~~~~~~~~~
In a message dated 06/18/04 7:10:53 PM Pacific Daylight Time, 
virtualvairs-request@corvair.org writes:

> Message: 12
> From: "Spencer Shepard" <sshepard3@hotmail.com>
> To: <virtualvairs@corvair.org>
> Date: Fri, 18 Jun 2004 21:36:32 -0400
> Subject: <VV> scam-no corvair
> 
> A friend is selling a nice '65 Galaxie convertible and I think he is being 
> set up for a scam. He has a "buyer" in England who wants to send him a 
> cashier's check for more money than the price of the car and shipping and have him 
> send some money back. I'm sure I have heard about a scam that works this way 
> and think I remember that one place was in this forum. I think there was some 
> reference to a web site which has some details about scams such as this. 
> anyone know where to get info on this?
> 
> Spence Shepard