BEWARE of possible fraudulent replies to IBMWR Marketplace Ad listings. Many Marketplace advertisers have received responses to their Ads that offer high prices, or offer to pre-pay shipping charges. In this scam, the buyer will offer to send a large cashiers check, for more money than the agreed-upon price, to cover shipping charges, or to give the seller a bonus for selling the item to an overseas buyer.
These cashiers checks turn out to be forgeries. Banks will accept and deposit cashiers checks without verifying the signature. Several weeks after the check is deposited, the forgery will become apparent, and the funds will be reclaimed. You will be stuck paying for the shipping, as well as having lost your item. Cashiers checks are not as secure as many of us had always presumed.
So please be careful in accepting any offer that seems "off" or "too good to be true", any overseas transactions, and any sale that requires a seller to advance or refund any amounts paid. If you allow yourself to be victimized by such scam artists, you will be left holding the bag.
We are not pleased one bit that this sort of fraudulent activity is now permeating the Internet, and has reached the IBMWR Marketplace. As always, the IBMWR Marketplace is merely an automated free listing service and cannot assume any liability of any kind for any of the advertisements or transactions that flow from them.
If you are approached with this obvious scam, you may want to pass the information along to the Authorities. The Federal Trade Commission website (also linked below) asks folks who have been approached with this scam or have been unfortunately taken by it, to contact them. The site lists e-mail addresses, telephone numbers and has a handy web-based fraud report form. Your taking a few minutes to fill this out may just keep a fellow Rider from falling prey.
OR, take a tip from Jim Mason: "Rather than the FTC website, here is a place to find out where the scam is coming from. Note the instructions for determining the sender's IP address and then using arin.net to find out the sender's ISP. You can then forward the fraudulent email to the tech contact for that ISP and maybe get the offender's account terminated! (Well, we can dream can't we?) This is as close as you can get to reaching through the monitor and squeezing their pointy little heads off."