2. misc-audio
  3. 1335186833

Audiogon sellers, please stop and read this thread

I had a couple listings last week and I received one e-mail from a potential buyer to instruct me to contact him via his private e-mail right away.

I was offered to be paid by Cashier Check rather than Paypal.
I accepted the term that the buyer would have his "agent" to pick up the units for sale. In term, I told the buyer I would only accept the Cashier Check from major banks.

Yesterday, I received an e-mail from the buyer instructing me to deposit the Cashier Check one I receive it BUT since the Cashier Check was made by his "financier" for more than the sale price, the buyer wanted me to cash out the difference and send a Moneygram to his "agent" so his" agent" can pick up the merchandise and the buyer thanked me for my " corporation".

I demand to know if the Cashier Check was made from major banks or not and how much is the difference between the sale price and the amount of the Cashier Check. I have not heard a response from him since then.

What's up? Was I born yesterday or is it a case of innocence
'till proven guilty?
andrewdoan
theo's avatar
theo
2,663 posts
 
Well that proves that thieves will infiltrate any medium to satisfy their unconscionable pursuit. It makes me wonder how succesful they have been with AudioGon members
or if at all. The real crime here is that is will create a suspicious tone to all transactions. Hopefully you have registered a formal complaint with AudioGon so that they may determine if this person's membership should be blocked.
Unfortunatly they can re-register with a new e-mail address before the membership is cancelled.
Thanks for sharing.
Ag insider logo xs@2x
uru975
684 posts
 
How it works if you fall for it.
Buyer sends a cashier's check for more than the amount. The buyer gets you to deposit the check and refund the amount over the purchase.
What has just happened is the buyer gets free cash from you, it can take up to two weeks for a cashier's check to fully clear. Meaning you are out not just the excess cash but there was no payment for you item either, long after it is gone from you.
As W.C. Field's said "You can't cheat an honest man"
mingles
792 posts
 
You need to tell Audiogon about this. They should be doing everything they can to remove scammers from the classifieds.
sabai
2,027 posts
 
I had the same thing happen last week.
buconero117
2,311 posts
 
Buyers are best to stick to PayPal payments. Sellers should use PayPal but not release the goods to the Buyer until the funds are fully cleared, e. g. 30 days plus. The fact PayPal puts a hold on funds going to the seller is the biggest hang up with PayPal transactions. Better yet, terms of cash on pickup, with demo of goods is the safest way.
More to discover