Money Order Scams?
- Thread starter Joe Nardy
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Westy56
A symphony of paradox
I came here asking advice about selling some altec drivers to someone overseas.
Learning there are so many ways someone can scam, I went with the cash only route.
The U SHIP driver handed me six $100's and signed off on a prepared receipt stating the drivers worked.
A counterfeit bill marker cleared the bills and off he went.
ducati_EL34
Addicted Member
Money pro are so 20th century. If you don’t have a modern online way of buying merchandise, I don’t need to do business with you.
Sellers do have reasons to keep sales off the books so to say. They may well be selling a good product and honest to a degree. For reasons other then this item be choosing to sell off the grid.
All that is on them. Of their choosing so that is that.
The money order is a chance at best. Not sure about the USPS ones, they might be safe. Call and check at least....
Yet price should reflect you efforts...
Also be patient on selling a local may show.
All that is on them. Of their choosing so that is that.
The money order is a chance at best. Not sure about the USPS ones, they might be safe. Call and check at least....
Yet price should reflect you efforts...
Also be patient on selling a local may show.
As mentioned,only accept a USPS money order. Take it to the post office to cash it.
This way no fake MO will go through your bank which can take 12 days or so to come back as fake then they take the funds from your account.
I understand shipping to a place of work. I have stuff shipped to my wives job,this way nothing sits on my porch waiting for us or the porch pirates to steal before we can get it.
This way no fake MO will go through your bank which can take 12 days or so to come back as fake then they take the funds from your account.
I understand shipping to a place of work. I have stuff shipped to my wives job,this way nothing sits on my porch waiting for us or the porch pirates to steal before we can get it.
Yeah, if it clears USPS, you're good. Someone wanting to pay with a USPS money order wouldn't be an automatic red flag for me. It's not like money orders can be bought with a credit card. Maybe the buyer just doesn't want to give out personal info by writing a check or using a payment system. And it works both ways. If a stranger gives me a choice between USPS money order or my paypal address, umm, I'll take the money order.
I deal only with personal checks, USPS money orders, or cash if local pickup. You won't get burned with postal m.o.s, they come with a holographic marking on the actual instrument as well as the stub that buyer keeps. Absolutely no more PP or any other of that funny credit card fee-pay shiite for me. Too much bs these days. However, if I just gotta have something & seller insists on PP, I'll have a PP request sent to me. I then just fill out card info & away it goes. Not my preferred method though.
Ugh! That's how much I sold my nice 1967 MGB around 1985!
Reason is that they get cash delivered from the nearest fed reserve bank or main branch on an as- needed basis. Your local branch office ain't sitting on a dumpster full of cash in the vault. At least how it was explained to me.
Bill Ferris
Lunatic Member
Well I`d be very comfortable with that situation, Joe..
The buyer is trustingly putting the ball in your court, so to speak.
Postal money orders are very safe, the post office pays in cash if it clears, if it doesn't, you're not out anything. I ask for USPS money orders for stuff I sell on BT. No more Pay Pal for me, just not worth the fees. If someone doesn't want to use a money order, I understand their concern, but if they want something from me and can't pick up in person/pay in cash, it's MO or nothing.
Once, a few years ago, I sold a radio I had on Craig's List to someone six states away. It's the only time I've ever shipped something I had on CL. The buyer sent a USPS money order with the understanding I wouldn't ship unless the MO cleared. Everything went as it should, so I wouldn't hesitate to do that again.
Once, a few years ago, I sold a radio I had on Craig's List to someone six states away. It's the only time I've ever shipped something I had on CL. The buyer sent a USPS money order with the understanding I wouldn't ship unless the MO cleared. Everything went as it should, so I wouldn't hesitate to do that again.
Nobody uses money orders any more -- I'd bet it's a scam. If the buyer can send a money order, they should be able to send an e-transfer instead.
Dead wrong. Many of us prefer anonymous transactions that are over & done as soon as funds transfer. Cash is still king. Like it or not. Money orders are most assuredly very legit, especially when sourced from banks or post offices, have been for decades. I've never had a problem with this process except when it took 11 days for usps to get one from here ( n.e.ohio) to the D.C. area a few years ago. Many sellers on BT & elsewhere use nothing but checks/ money orders, myself included.
USPS is a Federal dept if anyone tries to steal or alter them it is a federal offence....always use USPS money order...
Eh, to each their own. I trust almost nothing these days, have seen too many scams over the years.
>legit
You truly underestimate the resourcefulness of some of the sharks out there.
I had a USPS money order that I took to the Post Office. The clerk did not have enough money in the cash drawer. He suggested that I come back later. The amount was pretty small < $200. I later learned that I can take a USPS money order to my bank and they will cash it.
stereofanboy
Addicted Member
What's an e-transfer?
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