Be Careful! Cashier's Checks and Money Orders Are Not Always What They Appear to Be!
Local law enforcement agencies have had numerous cases where counterfeit cashier's checks and money orders are being used to commit forgeries and/or frauds when purchasing a vehicle.
Here is a scenario that will hopefully prevent you from becoming the next victim.
The victim (YOU), advertises his car for sale in the local media. The victim is contacted by a suspect over the phone who offers to buy the car for full price and asked the victim for the spelling of his name. The suspect then shows up in an expensive car with other suspects and buys the car with a counterfeit cashiers check or money order. The sale usually occurs after the banks are closed - especially on weekends.
After three days, when the suspects are long gone, the bank notifies the victim (YOU) that the cashiers check or money order is a fake and the victim is out the money AND the car. The suspect usually sells the car to an innocent third party the same day of the theft.
SELLERS WOULD BE WELL ADVISED NOT TO ACCEPT PAYMENT UNLESS THEY ARE AT A BANK AND THE FUNDS CAN BE VERIFIED!!