<VV> Scams are fun but don't send ANY $$$ !

[Marc Marcoulides]

Charles Wrote: This works because banks can "clear" the original check in YOUR account, making you feel that you actually got the money, and then pull the money 
back out weeks later, when they "change their mind" (claiming int'l check 
takes longer to verify)

I am going to comment on this because I am an Insurance Agent but the agency I work for is owned by a credit union and we work closely together. The operations staff work very hard in an effort to prevent depositors from loss. What frustrates the effort is the scam artist who uses the real account numbers along the bottom of the check from a real company check of someone out there and then creates a check with his name on it. It clears and then the company or person later sees it is not thier check. Since the real person did not sign that check the bank where it was deposited must take it back and if your account has money in it the amount of the check will be subtracted from the balance. Of course by then it is too late and you have been taken. Some of these checks can be spotted others can not, when there are a volume of these in one localaty alerts are broadcast to assist in fraud prevention.