if you recieve gift cheques from a company in another country to cash in the united states because it is easier to cash in the us, then sending the money out via western union fraud?
2006-10-11 16:31:10 · 7 answers · asked by psymon 2 in Politics & Government ➔ Law & Ethics
Are you nuts? Have you not heard this scam a million times by now? The cheques are no good. They will have you cash them into your bank account and tell you to keep a small part of the money. The bank will give you all the money BUT later on (after you have sent out the Western Union) when the cheques do not clear, you will have to pay the bank back. And, there is no way to trace the receivers on the other end. I can't believe people still fall for this one. -- FYI: Even if it were not a scam with you as the puntz, yes cashing large cheques from a foreign source and then sending the cash back to that source or another foreign source is called Money Laundering and is a federal offense.
2006-10-11 21:06:41 · answer #1 · answered by nativeAZ 5 · 0⤊ 0⤋
actually what it will be is a con game, the gift checks will be faked or stolen, and after you cash them ( to keep your percentage) and send the money, the store will discover they were fake and then you will be charged with a fraud for cashing fake cards and have to pay back all the money while you are on probation.
This is a rip off of the money order, or cash the check fraud.
And they use western union so they can't be traced to the money you send.
gift cheques are not easier to cash in the US, that is the scam part, just like not being able to cash checks in other nations
2006-10-11 16:46:22 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It is not fraud as long as the cheques are not stolen, altered or counterfeit and you are the payee of the cheque. You will be liable for them if they are not honored by the paying financial institution. Your bank will go after you as you are the last to endorse the cheque.
It sounds like a scam. Why would someone send you cheques to cash? Why don't they cash the cheques themselves and save the cost? (I assume you get to keep some of the money.) Be careful. I'd bet that the cheques are counterfeit. Talk to someone at your bank or to a law enforcement officer.
Good luck!
2006-10-11 16:37:30 · answer #3 · answered by ssbn598 5 · 0⤊ 0⤋
I am not a lawyer, but I don't really see how cashing a check in your name and then doing what you want with the money would be a crime.
2006-10-11 16:34:25 · answer #4 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋
What is fraud when the entire financial and banking industry is built on fraud?
Usury is fraud.
http://www.ojczyzna.pl/BOOKS/the-money-changers-ch2-5.htm
2006-10-11 16:38:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
if you are talking about the internet jobs that you get thru emails? yes, its fraud, theft and counterfiting. believe me, i was burned!!
2006-10-11 16:36:08 · answer #6 · answered by sammi girls mom 5 · 0⤊ 0⤋
classic SCAM, checks are usually counterfeit
2006-10-11 16:35:03 · answer #7 · answered by lobo 4 · 0⤊ 0⤋