The answer is simple !
The certified check is forged. You present it to the bank and they put the
money in your bank account because they know you - they will not give cash
over the counter to a "stranger" They find it does not clear (surprise!)
and they come back to you for the amount they put in your account
At 08:12 AM 1/16/2003 -0500, Trmgafun@aol.com wrote:
>On 1/15/03 a couple guys said:
>
> >>>I must admit I'm cornfused about one thing. Where I come from, a
> certified check is certified because the bank issuing it received the
> cash up front and therefore the issuing agent (read bank) "certified" it
> would go through. When I buy a money order, I usually have to pay cash
> for it up front also. Am I wrong?<<<
>
> >>>Doesn't sound right to me. Anytime I got a certified check or a money
>order I had to give the bank or post office the money up front -- cash.
>The certified check they gave me was drawn on the bank or post office
>not on me. Not sure I understand how a certified bank check or money
>order can bounce. What's the point of them if they can bounce? Maybe it
>can...<<<
>
>Hi again,
>
>If you have the funds wired from one bank to another (Western Union),
>you're okay, but a paper check can be fraudulent. It's just like anything
>else, do your homework.
>
>If you have questions about this scam, go to:
>
>http://www.wired.com/news/culture/0,1284,56829,00.html
>
>Thanks,
>
>Scott Helms
>a.k.a. Austrheamgafun@arczip.com
Regards
Barrie
Barrie Robinson
barrier@bconnex.net
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