Counterfeit Check Scam
Counterfeit Check Scam involves the victim being sent a fake check or bank draft for goods or services.
Examples of "Counterfeit Check Scams":
Internet Ad Scam
Be cautious posting ads or selling items on the Internet. A recent scam involves a con artist appearing interested in the item you have posted for sale in a local newspaper or online. The con artist agrees to your price and gives you a check that may say "Cashier's Check" or "Official Check" on it. When the check is deposited at the Credit Union, you are then informed the check is counterfeit.
A similar scam involves the seller receiving a check for more than the agreed upon purchase price. The purchaser then request the overpayment be sent back via wire transfer. After the wire is sent, the check is deemed counterfeit and the seller is out the money and the merchandise.