Wed 8 Jul 2009
Fake Bank Wire Transfer Scam for Watch Deals
Posted by The Breitling Source under Watch Industry NewsNo Comments
There is a new scam going around, and it seems that fake wire transfers are the new thing. This is unfortunate for us because wire transfers have always been the safe bet. I am not sure if this works across the country, but I can see how this would work from within Canada, as you could do it as long as it is the same bank.
What happens if the buyer goes to your bank and does a deposit with a cheque into your account. The cheque comes from a bad account with no balance, and bounces after a few days… but when its deposited, you see the balance and ship the watch, by then its too late.
Keep your eyes peeled, gentlemen!
Original Link:
http://forums.watchnet.com/index.php?t=tree&goto=319245&rid=46379