Asked By: bigj - 1/30/2008

Best Answer - Chosen by Asker

If you check the answers on the other question you have asked about this, you will read about some who have already been where you are now........ in the meantime, I am only going to cut and paste what I already wrote in reply to the other question.

So now you wait a few more weeks or more, the check finally bounces and then YOU get charged with money laundering. This is a huge scam... Ask yourself a very big question - WHY can't these people do their own check cashing and WHY would they trust you to handle their funds for them risking that you might keep the whole amount and scam them?

You said you deducted 10?nd yet item #3 says 15?

This comes straight from the Federal Trade Commission site, FTC.gov

"You and Your Bank — Who is Responsible for What?

Under federal law, banks must make funds available to you from U.S. Treasury checks, official bank checks (cashier’s checks, certified checks, and teller’s checks), and checks paid by government agencies at the opening of business the day after you deposit the check. For other checks, banks must similarly make the first $100 available the day after you deposit the check. Remaining funds must be made available on the second day after the deposit if payable by a local bank, and within five days if drawn on distant banks.

However, just because funds are available on a check you’ve deposited doesn’t mean the check is good. It’s best not to rely on money from any type of check (cashier, business or personal check, or money order) unless you know and trust the person you’re dealing with or, better yet — until the bank confirms that the check has cleared. Forgeries can take weeks to be discovered and untangled. The bottom line is that until the bank confirms that the funds from the check have been deposited into your account, you are responsible for any funds you withdraw against that check."

I think you best be holding on to everything you got and be prepared for a bad hair day.....

"If You Think You’re a Victim

If you think you’ve been targeted by a counterfeit check scam, report it to the following agencies:

* The Federal Trade Commission Visit ftc.gov or 1-877-FTC-HELP (1-877-382-4357). • The U.S. Postal Inspection Service Visit www.usps.gov/websites/depart/inspect or call your local post office. The number is in the Blue Pages of your local telephone directory.
* Your state or local consumer protection agencies Visit www.naag.org for a list of state Attorneys General, or check the Blue Pages of your local telephone directory for appropriate phone numbers."

I WOULD NOT contact the company that sent you the first check ... hopefully they will send you another that you can then turn in, but on the other hand, they just made an easy $1800 off you, so they may just go on to the next victim.

~Jennifer
Helping others create income from home through education of the system and how it really works.

Answered By: Jennifer F - 1/31/2008