Fake cashiers checks, travelers checks received through FedEx mail: Scam

Hello guys, today I want to draw your attention to a widely spread scam that has been going all around the country and has deceived countless number of people because of their lack of knowledge about this scam. I went deep down into this to investigate the truth and the story behind this, so you can read this post and not be one of them to get fooled. Talk about Bernie Madoff's $50 million scam, in a small scale with the same degree of intensity this scam can be classified on top along with those.

It all start with an email saying work-from-home opportunity, sooner of later you will receive a fedex overnight package or a UPS, inside which you find travelers checks or cashiers checks addressed to your name. What's all requested by this group or an individual is to keep 10% of the money and send out 90% through Western Union, untraceable. But why would someone send you a check and ask you to cash it and send 90%, and why would someone want to pay you for that? That will take you to the deep truth behind the scene, the money you received are in counterfeit documents, so masterfully made that it would be extremely difficult to differentiate to an authenticate document.

Because most people find it hard to identify as fake, not a teller will have that much skills either. Therefore once its deposited, your bank account will be credited. After seeing the positive balance in your account, convinced of account balance you will go ahead and return the favor in sending this person the 90% through Western Union. But once the bank try to send the check to its predecessors for funds will they find out it is a fake check. At this point, you will be questioned as to fraudulent transactions along with a fee.

Now you lost 90% of the money which you will not be able to retrieve from Western Union and a fee from the bank. And at this moment you will regret what you have done which you shouldnt have if it wasnt for the crave for money, and for an idea seemed feasible.

So dont let this happen to you and lets hope those bastards get served with the true justice. And as always this is ashPresentom, the educational consortium!



Sources: http://www.topix.com/forum/city/manchester-tn/TN1T68LRQD3KM3476 (voices of people who got cheated with this scam.)