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How can I tell if I'm being conned? A seller from the UK offered me a too-good-to-be-true deal on a car and says that I must go through YAHOO finance for the transaction. How can I tell if I'm being conned? His Yahoo addrerss is: andrew.bvt75@yahoo.com. He lives in the U.K. , says that I need to submit payment from Westenn Union to YAHOO! finance and that Yahoo Finance verifies the payment. The seller then ships the merchandise & submits tracking information. Yahoo Finance then verifies that the buyer recieves the shipment. The buyer then has the option to accept or reject the merchandise. Yahoo Finance then pays the seller by cashier's check, Western Union, Money Gram or wire transfer. The transaction would then be complete. How can I find out if all of this is legit?

2006-11-09 03:10:54 · 4 answers · asked by Anonymous in Business & Finance Other - Business & Finance

4 answers

If it's too good to be true, it probably is" as the saying and you say.

Yahoo! finance does not do this. They state different companies do this, craigslist, ebay, google. They are not a middleman.

Western Union is your tip-off. A person only has to have their name on the money and can pick it up. They don't even have to show ID! So if you send it to Yahoo!finance, care of Andrew Smith, he gets your money and there is no traceability. Bye -bye money.

I would shut-off all contact immediately. I played a game with an Andrew in the UK on craigslist about 6 months ago for a $40,000 car he was offering for $14000. Same story as yours above. I told him the only way I could pay him was with a certified cashiers check for $19000. Use $2000 to cover shipping and I need to have the $3000 over that sent back to me. I reversed the situation back on them as to what they were trying to do to me. Never heard from him again, but I reported the e-mail address to yahoo at abuse@yahoo.com and to craigslist, who promptly removed the ad.

And they can give you a tracking number easily. "I have shipped the vehicle via Universal car shippers out of London. Your tracking number is bs1423-34v-23fd-3432." How do you know if that's real? You are only going to check it when you don't get the merchandise.

Contact a customer service person at Yahoo!finance and ask them if it's legit.

2006-11-09 03:29:54 · answer #1 · answered by Joe S 6 · 0 0

First, don't use any links they provide. Go to Yahoo Finance yourself and see if there is anything like what this guy is claiming. I was under the impression Yahoo Finance is just stock and finance info, not a payment type program. Or, contact Yahoo to see if they offer this and if the seller is registered.

2006-11-09 11:15:24 · answer #2 · answered by Phoenix, Wise Guru 7 · 0 1

Use your instinct - too-good-to-be-true things on the internet usually aren't true. I think you should avoid it and go for someone else you find easier to trust to do business with.

2006-11-09 11:20:54 · answer #3 · answered by Rich 5 · 0 1

if it's over the internet, there's a good chance you could be conned.

2006-11-09 11:12:33 · answer #4 · answered by mighty_power7 7 · 0 1

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