collecting funds from unknown clients working for someone named Wu Fubin05@yahoo.com hk who wants you to cash clients check and then forward to him 90 percent of check and you keep the 10 percent. Notify them when the check clears.
2007-03-09 11:18:48 · 5 answers · asked by birdlandbilliards 1 in Business & Finance ➔ Other - Business & Finance
This scam has been around for quite some time. It's even been on Judge Judy or one of those daytime judges. It usually involves money orders or certified checks all of which are forgeries.
You deposit the item in your bank, write a check to WuFubin or whoever for the 90% and mail it to them. They get your money prior to check bouncing. Your account is then charged for the entire deposit plus a fee for a bounced check. You also may be investigated for the forgery and fraud when you were only trying to make a few quick bucks. This thing is just as bad and probally related to the Nigerian e-mails.
Watch out!
2007-03-09 11:48:53 · answer #1 · answered by Arthur 7 · 1⤊ 0⤋
That is for sure a scam and I have come accross it before. What happens is that the bank will cash the check for you and when they realize that the check doesnt clear, the bank is out their money and YOU will owe that money to the bank because you cashed the check.
Think about his...why would any legitimate business ask you to handle their money for them? Why pay you 10% if he can have it all and cash to himself? What if you never forwarded their 90%. Why are they will to take that risk if its earned or deserved money? It doesnt take a rocket scientist to figure out that their is something wrong with those checks and that is the reason why the guy doesnt want to cash it himself.
Do not handle any checks for anyone. Its fraud.
2007-03-09 11:32:34 · answer #2 · answered by smile4cobra 3 · 1⤊ 0⤋
of course it's a scam
the checks are fake
and your out 90% of your money as then you will owe the bank
do you really people do business like this?
2007-03-09 11:23:02 · answer #3 · answered by Anonymous · 1⤊ 0⤋
yes.
Never handle money for someone else, especially if you do not know them.
This scam originates in other countries as well, Nigeria specifically.
2007-03-09 11:24:02 · answer #4 · answered by Daniel P 2 · 1⤊ 0⤋
Just don't deal with people you don't know simple as that!!!
2007-03-09 11:27:53 · answer #5 · answered by Dx 2 · 1⤊ 0⤋