i cashed the check but i'm thinking if i send the money 2,900.00 like they say for tax, insur, i dont think they will send me my prize money i think they will take that money and i will recieve a loan payment anyone have anymore info let me know
2007-04-16 06:11:15 · 7 answers · asked by mmedeirosana 1 in Business & Finance ➔ Credit
Ok, you cashed the check. However, you still have the money. Do not wire it. Contact your bank and let them know you are suspicious of the check. If you wire the money off then it is gone. There is no prize money coming your way. Do not fall for that. What will happen is that the check you cashed will turn out to be fake or stolen or something. The bank will want the money back from you. If you have sent it off then you will be out of luck. Let the bank know what is going on and they can probably fill you in on the situation pretty quickly. You will probably have to pay a fee for the check bouncing, but that is much better than losing $2900.
2007-04-18 09:41:28 · answer #1 · answered by A.Mercer 7 · 0⤊ 0⤋
I got this letter a few months ago. If it's the same one, then you are going to be in big trouble for cashing the check. I checked with the FTC and banks hold a check for 5 or 7 days, then cash it. BUT with this scam, they have used a check from a real business in CA. They ALL have the same routing number...hubby and I called the company in CA and they were happy to know we didn't cash the check.
The people doing this scam are based in Canada...kind of hard to get to them if you're in the US. Do yourself a favor, even if you need the money you have and take it BACK to the bank. You will not see ANY prize money at all, but you also won't get in trouble with your bank.
2007-04-16 13:22:18 · answer #2 · answered by Julie 2 · 0⤊ 0⤋
It is a SCAM
You cash the check, then you mail them 80 percent back (appox). There is the lure... plus the more money they promised you.
Now in about 5 to 7 days the bank calls you and says the check is not valid and you owe the money back. You already sent the company a non tracable Money Gram. The got rich you owe big.
Do not do it.
One month I got three 3 checks from the same company, pretty stupid for smart scammers
2007-04-16 13:48:33 · answer #3 · answered by Keith B 1 · 0⤊ 0⤋
Did you enter this lottery/sweepstakes? So how could you've won?
And why in the world would a legitimate lottery/sweepstakes send you money for taxes & insurance? Taxes can be taken directly from winnings or are your responsibility after you've received your prize money.
There's no prize or loan waiting for you.
But you will have to pay back your bank for the fraudulent $2,900 check you just cashed.
Also, international lotteries/sweepstakes are illegal in the United States.
2007-04-16 13:26:45 · answer #4 · answered by Celeste 6 · 0⤊ 0⤋
You cashed the check????
It sounds like you are already well on the way to being scammed.
2007-04-16 13:37:41 · answer #5 · answered by Anonymous · 1⤊ 0⤋
If it sounds too good to be true, it probably is. Steer clear from offers like that.
2007-04-16 13:14:50 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Not worth taking the risk...
2007-04-16 13:15:32 · answer #7 · answered by Anonymous · 1⤊ 0⤋