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RE: Help..possible scam

To: <GMGoodman@aol.com>, <spridgets@autox.team.net>
Subject: RE: Help..possible scam
Date: Sat, 1 Mar 2003 08:57:04 -0500
all,

beware of this scam.  the premise behind this scam is that most US banks
will automatically clear funds after two weeks, whether or not they get a
clearance from the source bank.  People believe they have the funds (i.e.
the check cleared) and then the bank withdraws the money a month later.

Closing the account is not a good option as the bank will try to charge you
with fraud, even though the issue was caused by their automatic check
clearing.  Something similar happened to someone on the 300zx list a while
back.  Internet car ads can be dangerous.

Cheers,

Mike

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