[bjswist]

Scam

[JMintzer]

Originally Posted by retiredguy123

After reading all 58 posts, I am beginning to conclude that someone was probably trying to scam the OP.

Really? I'm inclined to believe the potential buyer...

[Joelack99]

So it’s a scam, that much is obvious, but it raises the point: why ever take a cashier’s check? The cashiers check may not be worth the paper it’s printed on. Same as a regular check. I’ll take any paper you want to write, but until my bank says it’s done, you don’t get the goods.

I learned this lesson when I sold a house in The Villages—the “cashier’s check” for the furniture in this turnkey deal was held by the bank for over two weeks, and I was a nervous wreck by the time it actually did clear. Only $4,000, I think, but nobody wants to get ripped off!

[clossonjunk]

Originally Posted by Bill14564

Please explain how a Zelle payment to you can be a scam. To me, a Zelle payment is equivalent to cash, the money won't transfer into your account if it wasn't in the sender's account and once you have the money it cannot be taken back. How does this become a scam?

I agree with you. I always thought Zelle, PayPal, and Venmo were same as cash. I use them in my business, but when the first 10 responses were demanding me to give them my Zelle account info and telling me to open a zelle since I told them I didn't have one, I Googled Zelle payment scam. I read many many posts researching it and I'll be damned if it wasn't a latest scam. Zelle is connected to your bank account, so that's the reason they want it so bad. I don't remember how it works, I just know that you don't use it with unknown people. I was also shocked to know they can swipe their money back from Venmo and Paypal.

[JMintzer]

Originally Posted by clossonjunk

I agree with you. I always thought Zelle, PayPal, and Venmo were same as cash. I use them in my business, but when the first 10 responses were demanding me to give them my Zelle account info and telling me to open a zelle since I told them I didn't have one, I Googled Zelle payment scam. I read many many posts researching it and I'll be damned if it wasn't a latest scam. Zelle is connected to your bank account, so that's the reason they want it so bad. I don't remember how it works, I just know that you don't use it with unknown people. I was also shocked to know they can swipe their money back from Venmo and Paypal.

All you give people is an email address.

They don't need any other bank information. The scammers try to fool you into thinking you have to give that to them...

As long as you don't give out extra info, you're safe. Just like in any other banking transaction. Remember, every time you write a check, you're giving out your Bank and Account#...

[Two Bills]

The scam with PayPal and collection of goods is that after payment and collection, the buyer claims 'goods not received.
As the seller cannot show proof of delivery, PP will refund buyer.
That's how it used to work, and be. System may have changed since.
When I sold my fishing gear, which was quite high value, I only accepted cash on collection.

[JMintzer]

Originally Posted by Two Bills

The scam with PayPal and collection of goods is that after payment and collection, the buyer claims 'goods not received.
As the seller cannot show proof of delivery, PP will refund buyer.
That's how it used to work, and be. System may have changed since.
When I sold my fishing gear, which was quite high value, I only accepted cash on collection.

If you send with "signature required", they cannot claim they never received the item...

[Two Bills]

Originally Posted by JMintzer

If you send with "signature required", they cannot claim they never received the item...

Captain Obvious strikes again!

[JMintzer]

Originally Posted by Two Bills

Captain Obvious strikes again!

It's a shame that you couldn't figure that out when you posted your "how the scam works"...

[Two Bills]

Originally Posted by JMintzer

It's a shame that you couldn't figure that out when you posted your "how the scam works"...

Because there was nothing to figure out.
The subject was collection of goods, and scams of collections.
Nothing to do with sending goods with signed for postage.

[larbud]

Brain surgeons ya’ll ain’t!..

[JMintzer]

Originally Posted by Two Bills

Because there was nothing to figure out.
The subject was collection of goods, and scams of collections.
Nothing to do with sending goods with signed for postage.

Then why post this?

"The scam with PayPal and collection of goods is that after payment and collection, the buyer claims 'goods not received.
As the seller cannot show proof of delivery, PP will refund buyer."

P.S. The actual subject was "Cashiers Checks"...