Need some advice on a Money Order. I have heard some of you say you have gotten a fake money order. I am taking it to the bank tomorrow. But it says on the front with a red stamp "This money order sold in blank with no recourse". The dollar amount is printed on the front line, but not on the side where you can place the dollar amount. Any ideas as to if this is real??
Any help or advice is greatly appreciated.
Thanks Amy:)
No clue, but definitely ask your bank about your concerns before you present it. That way they can give it the hairy once-over, and even perhaps give it special handling and call you if it doesn't check out, rather than just try to deposit it in your account with the possibility that it will be a fake and cost you fees.
And don't ship ANYTHING until you have confirmed with your bank that it went through.
-Kalera
I would love to know the outcome. I haven't heard about fake money orders although I'm sure there are some.
I'm sure there are fake money orders. I once even got a fake Cashier's Check. A couple of banker's have told me "that's impossible," but it turned out that the guy who gave me the fake Cashier's Check was a personal friend of the banker who wrote the check--without the guy having the funds in his account to cover it (highly illegal)!
I learned a big lesson then: Any type of check can be a fake. I sure hope your check is not fake, though, Amy...
Anything can be counterfeited.
-Kalera
I once even got a fake Cashier's Check. A couple of banker's have told me "that's impossible,">
oh no -- it's not!!!
Friends of ours sold their MERCEDES to a person who claimed to be the representative for a car dealership and gave them a $55,000 cashier's check.... ten days later - the bank called and said it was FAKE.
They were out the CAR and the money!
Lucky for them - the car insurance considered it "theft" of the car - and paid them.... and the police actually found the guy - about a month later in Texas -- he had beeing pulling this scam all over the US ... and had a barn full of cars (some had already been sold - moved into the "chop trade)....
but yes - a cashier's check CAN be faked.... Cheryl DRAGON BEADS Flameworked beads and glass
My situation was similar, only I'd sold my house. Luckily the closing attorney was NOT in cahoots with the buyer and his banker. We eventually got the money, but would have gotten the house back had we not gotten our money.
So true!
Whoa.
That must have been a terrifying situation, though... the whole buying/selling/moving thing can be so precarious as it is.
-Kalera
I couldn't find this post when I got back from the bank, but I had my bank call the other bank. The other bank confirmed the number and that the funds were there. I made sure the teller verified the amount of the money order too. It was for eight dollars.
I felt more relieved. Neither my teller nor her boss had seen a stamp like that.
Just letting you know. It was good.
Yea!
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