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Post by daisy on Oct 22, 2008 10:51:17 GMT -5
there is this scam that some musicians have been talking about
example: through emails - a person requested for a band to play at a wedding when the band said they would not be available on the date of the wedding
the person offered to change the date of the wedding to accommodate the band
which right away seemed strange to the band like
who changes a wedding date to accommodate a band ?
then to make things stranger the person sent the band a check that was $2,500 over the price that the band asked for - to play at the wedding
so the band just got kind of creeped out
figuring the check probably wasn't any good and tried to forget about it acapella.harmony-central.com/forums/showthread.php?t=2123094__
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Post by daisy on Oct 22, 2008 10:55:39 GMT -5
at first thought i figured why couldn't the band go to their bank and ask their bank to do a send for collection
instead of depositing the check into their bank account
that way if the check turned out to be no good then they could go to a magistrate and civil sue the person for sending them a bad check ?
but i don't know enough about it
from this post it looks like many have already got it all figured out as
just another scam - somewhat like the nigerian scam
yep...seen this one a while back...they 'overpay' you, ask you to return the overpayment before the initial check clears...and the initial check bounces...leaving you in the hole for the 'overpayment refunded'...
this is a cheezball scam...there is no $ anywhere but your own accountacapella.harmony-central.com/forums/showthread.php?t=2123094_____
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Post by daisy on Oct 22, 2008 11:08:41 GMT -5
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Post by daisy on Oct 22, 2008 11:12:49 GMT -5
I work at a bank and can guarantee that this is a scam.
As has been pointed out, it can take up to 2 weeks for a check to bounce, even with all the modern technology and everything. So when that check is made available into your account after five days or whatever, you think it's good and spend the money (or wire it back to them or to a third party or whatever), the check bounces and you're negative all kinds of money.
Calling the bank to verify funds does NOT guarantee that the check is good. Many times these scams are done with fake checks drawn on legitimate accounts. You deposit the check, get the money after 5 days, 11 days whatever. Later, the owner of that account checks his statement and puts in a fraud claim for that check. Once again, YOU'RE out the money.
If you spent that money you're now out $2500 or whatever and
the bank holds YOU responsible for paying it back
(don't believe me? Read the disclosures they give you at account opening.
You are responsible for returned checks.).
It could be worse than that though. Sometimes
the bank will close your account for depositing fraudulent checks.
Sometimes the person depositing the fraudulent check is innocent, sometimes they're not. Depending on how strict the security department is with your bank, they will sometimes close your account and mail a check out to you for whatever balance you had in your account (take a guess at how long it can take for them to get that check to you? If you guessed a week or less try again.). What happens to your direct deposit, automatic payments, and checks that you've written? The bank could not care less. If they've chosen to close your account, you're as guilty as the actual scammer in their eyes.
To the OP: you did the right thing by choosing to investigate this thoroughly before cashing it or depositing it. You saved yourself a ton of headache.acapella.harmony-central.com/forums/showthread.php?t=2123094___
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