I recieved a cashiers check via fed ex for $5,900.00 I do not know the sender or the remitter?

Question

there was no kind of letter from the unknown sender. the bank is holding the check for 60 days on suspision of fraud. (not by me but the sender)

Answer 1

I am sure there was some sort of scam attached to this m.o.
I am glad the bank will hold it for now, and if nothing is wrong. Well, consider it a gift from a Guardian Angel!
Good luck Hon!

Answer 2

The question is why would someone send you a Cashiers Check for 5,000 out of the blue with no explanation. This should be your first hint that it is a Fraud. Even if you take it to the bank it is from they will still take your information, especially if it was for $5,000. If it happens to come back they will still come after you. UPS does require a return address but they don't verify it(or at least never have when I sent it). Now if it was sent by a UPS Account the account holder has the ability to view your signature On-Line if you signed for it. In this case they now not only have your Name, Address they also have a copy of your signature. I would call UPS and explain to them that you recieved this check and have no idea who it was from or what it is for. They might be able to track more information down.

Answer 3

It should be easy enough to find out who wrote the check....their name has to be on it someplace.

I have a suspicion on this, because I periodically receive similar things. First off, did a Fed EX driver deliver and have you sign for it, or did it just show up in your mailbox with a Fedex-looking envelope? If it's the latter, then I'm thinking it was something sent from one of these high-interest finance/loan companies. The "check" is an actual draft, but by signing and depositing it you are agreeing to repay it as a signature loan, with interest (usually high), and fees. You should have gotten some other paperwork along withthe check that says this in fine print, perhaps even on the stub of the check itself.

Bottom line, there is no Santa Claus here... people don't just give away money for free. Your bank will be able to find out where it came from, and if it's legit, I'll bet you just agreed to a $5900 signature loan, which you are now legally bound to repay. I hope I'm wrong, but I'm pretty sure this is the case.

Answer 4

This is a common scam.

The scam works three ways.
1-You'll get a certified letter from a very angry person saying that you cashed his check illegally. He'll demand that you repay him (with additional fees, of course, for his troubles).

2-You'll get a letter from a "bank" telling you that they sent you the check by mistake. They will ask that you give them your bank information so that they can get the money back. They will then use this information to steal your identity or, if you actually gave them your bank routing number, they will empty your account.

3-Somewhere on the check or letter that came with it should be some VERY fine print full of legal jargon. In short, it will say that the check is actually a LOAN and by cashing it, you accept all terms. These terms usually involve ridiculously high interest rates. The scammers expect that you'll have already spent the money, so you'll have to work out years worth of payments to repay the "loan."

The bank is doing you a favor by holding the check. If there was no letter that came with it, you might want to ask for the actual check back to look for the fine print.

Answer 5

It's a common fraud. It's likely the cashier's check is phony, and when you cash it, after awhile the bank will come after you for the money. Good for your bank, to hold it for 60 days. They've probably reported it to the FBI.

Answer 6

They are right... this could be fraud. If you cash this check, most likely it will BOUNCE, and it will end up charging you a fee. So you will lose money.

And if the sender has it traced, it MAY reveal your bank information to them. probably not account numbers, but they may be able to convince a teller to reveal more info than you want them to. Let the bank keep it and investigate it, it MUST be fraud.

Answer 7

The routing numbers should tell a lot from which bank its from. The bank account numbers should match up to someone name and address.

Dont look forward to the cash!

I would not cash it, the person may get a transaction report on your private info like bank account and social security number and use that info against you.

Answer 8

Better run a credit check and make sure you are not the victim of identity theft and the thief might not have changed an address on a credit card or bank account.

Answer 9

why would you attempt to deposit such a check, knowing you werent entitled to it? These are a common fraud tool. Usually the sender has you give bank info, or cash it and send them money.

Answer 10

I hope the check will still be good after 60 days. WOW lucky you