Quote:
Originally Posted by retiredguy123
I would agree if the check is a regular check. But, the OP is referring to a "certified" check. A certified check means that the funds are being held by the issuing bank and cannot be removed. If merchants can verify a debit/gift card instantly, the banking industry could tighten up the certified check process to do the same thing. The only way this scam works is if the certified check is counterfeit.
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You are correct, but since he never got it it would obviously have been fake. It is so easy to print any kind of check you want and call it anything you want, certified check , cashier check, bank check. Big problem is Federal law requires these fake/counterfeit checks be paid in 24hrs. So when fake check are deposited the bank (you don't even have to go to the bank to do it) the bank has to pay you fast and by the time it goes thru the Fed system the check bounces and you gotta pay it back. If they had to verify every check for funds the system would crawl to a halt.
Couple interesting articles for those interested:
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Cashier’s check scams on Craigslist, explained - Vox