Current Location: Virtual Trade Show > Forums > Honest & Dishonest Dealings > Fictitious/Altered Cheque
October 30, 2007 11:11
Through dotmed, I received enquiries about a couple of items. The deal was eventually finalized. A third party sent me a certified cheque using the company name DCMR Inc for an amount far exceeding purchase price. I asked for an explanation about the amount and was asked to western union the difference to an individual named Saidi Oluseye evidently located in Deria Dubai, UAE. I haven`t authorisation to withdrawl from the company account and therefore the process was delayed. My boss and I received phone calls, and e`mails virtually daily asking when the western union would be done,even including an e`mail stating the cheque had cleared. My boss was even threatened with legal action including the FBI if the western union wasn`t completed with haste. Last week while I was away, my boss found out from our bank the cheque was returned being altered and/or fictitious. I am unsure whether that means the account number or company name are fictitious. I do not recognize the company name DMCR Inc, therefore I am unaware if they exist or not. I only have an e`mail name of 1 individual firstname.lastname@example.org. I suggest any time a cheque is sent to anyone for an amount more than expected they ensure the cheque is not a fake before sending out money and/or equipment. Fortunately we had the delay, and didn`t really lose anything. Should anyone be interested, I have copies of e`mails and a copy of the cheque for perusal.
to rate and post a comment
Re: Fictitious/Altered Cheque
October 30, 2007 06:55
I don't know how many times we have all heard about someone tring to pull this scheme . It's in the news all the time, reported in most of the major news papers , broadcast about on television, discussed in various forums on the internet daily and still we have people falling for it.
IF A DEAL SOUNDS TOO GOOD TO BE TRUE,
IT USUALLY IS.
If you fall for this form of cheating
CALL ME I have some VERY DRY SWAMPLAND for sale.
Its right off the coast of Alaska in a very warm climate with average tempatures of 75 - 80 degrees yearround
October 30, 2007 08:01
We had same experience just 2 months before. I found out it is a typical cashier check scam. you may get a lot of posting on this common crimes. Goverment even issued special warning for the scam. just remember never return extra money to a stranger.
Re: Fictitious/Altered Cheque
November 15, 2007 10:30
We are all doomed for failure if we do not learn from the past. We are all adults and business owners. These scams have been around for nearly 20 years.
When was the last time any of us walked into a business to buy anything, from a can of soda or a car and offered to pay more than the asking price.
If we wouldn't do it, why woudl you expect anyone else to do so as well.
Just beware and delete these e-mails and faxes as soon as they come in.
Leon A. Gugel,
October 30, 2007 08:31
This scheme, whereby a buyer sends more than the amount of an asking price, while requesting the extra [less a handling fee for the seller] be sent to some other address via Western Union is a scam that repeats itself thousands of times a day. This simple scam has been around for many years since the growth of on-line selling. Seller beware.
No one should take any form of payment other than a wire transfer. A recent payment to me after I sent the buyer a PayPal Invoice, which was paid by the buyer using American Express was reversed via a "Chargeback" 3 months later because a supervisor forgot about the purchase authorization. The $1,000 paid to me from this buyer using American Express was INSTANTLY debited from my PayPal Mastercard, and has caused an amazing amount of inconvience. PayPal can take up to 75 business days to "investigate" the Chargeback and resolve it after evidence concerning the dispute is submitted to them.
Bottom line, people should demand payment by wire transfer for any purchase of more than a few hundred dollars, or an amount they are willing to lose.
October 31, 2007 07:37
We had a similar experience recently but it did not involve a check. Someone in Indonesia was interested in a urology set and paid with a credit card (purchase was approved). Three days later this "dealer" called back and stated that his client had cancelled the purchase due to financial problems. He also mentioned that the credit card account had been closed. He requested that I return the money via wire minus any handling and inconvenience fees. The guy seemed fishy when I kept asking for a shpping address and he said kept saying that his client was unsure of where to receive the items. At this point I told him that I would not ship the items nor would I refund the money since a stolen card had probably been used. Now I'm just waiting for a call from Mastercard. Beware out there folks!
October 30, 2007 09:08
Darryl if you Go through with a deal like this YOU deserve to be Victim of FRAUD.... This is NOT something NEW it has been around For YEARS,,,,, If you follow through with such an ABSURD REQUEST.... AND you do it..... You will (should) learn from it, it called THE SCHOOL OF HARD KNOCKS......
November 15, 2007 11:16
This is the classic 419 or Nigerian Scam. I get them on a daily basis. Someone says they have seen our product on our website or on DOTmed. They then ask for pricing. The next step is to explain to me that they are sending me a check for extra money and I am to deposit it. Then when I deposit it I am to send the extra to, usually, their "shipping company" to cover shipping, customs, taxes, etc. If you ask them any questions about what they are ordering, they will try to baffle you with their brilliance, and it takes no time at all to figure out they have no idea of what they are purchasing. Even if they don't send extra money, it can still be a bad check scam. The only way around this is to agree up front for 100% payment, and not ship the equipment until the check clears your bank and the issuing bank and it is declare a bonafide check, and not a fake one. I have had no problem with honest foreign business' doing it this way.