Spam Laws HOME

The overpayment scam works exactly like the advance fee scheme. The only difference is that large merchandise like vehicles or real estate is involved. What happens is the scammer sends the victim a check or money order for more than the price of merchandise. But the amount is more than the asking price. So the scammer requests you to send back the difference between the asking price of the item, and the balance of what was sent. The only problem with this scheme is the check, certified check, or money order is counterfeit or fraudulent, and you end up losing if you send the refund before the check or money order bounces. [br][br]For your information, the item in question is rental property. The actual scam works by a person, or a group of people , who sends you  money in response to a listing for an apartment or vacation home you place. When you get the certified check or money order, you also get notification that the renter backs out of the deal, but allows you to keep the security deposit for your trouble. At this time you think you gained much by keeping the security fee, but in reality you lose big time because the original check, certified check, or money order bounces. [br][br]

Reply