| View previous topic :: View next topic |
| Author |
Message |
jellero

Joined: 06 Dec 2004 Posts: 6382 Location: Ironton, Boyne City, Charlevoix, East Jordan, Salida
|
Posted: Sat May 26, 2012 10:01 pm Post subject: OT: Is there any foolproof way to wire/ transfer money? |
|
|
| i have a guy that wants to wire me money for my motorcycle and have "someone" pick it up. i want a stack of one hundred dollar bills, cash. i don't want to blow the sale but this is so scammy it stinks. j |
|
| Back to top |
|
 |
James
Joined: 24 Jan 2005 Posts: 7012 Location: Castle Rock, CO
|
Posted: Sat May 26, 2012 10:10 pm Post subject: |
|
|
Yes, he can wire transfer money directly to your bank account. This would be pretty stupid for him to do but no risk to you.
There are other ways but I can't say for sure how much more risk it would be for you. |
|
| Back to top |
|
 |
Tele Till You're Smelly

Joined: 06 Dec 2004 Posts: 3210 Location: Betwixt the Silvers and Saint Johns
|
Posted: Sat May 26, 2012 10:45 pm Post subject: |
|
|
check out Paypal, the sell it on the interwebz _________________ Reluctant enthusiast, part-time crusader, half-hearted fanatic |
|
| Back to top |
|
 |
Tele Till You're Smelly

Joined: 06 Dec 2004 Posts: 3210 Location: Betwixt the Silvers and Saint Johns
|
Posted: Sat May 26, 2012 10:45 pm Post subject: |
|
|
check out Paypal, they sell it on the interwebz _________________ Reluctant enthusiast, part-time crusader, half-hearted fanatic
Last edited by Tele Till You're Smelly on Sat May 26, 2012 10:58 pm; edited 1 time in total |
|
| Back to top |
|
 |
jellero

Joined: 06 Dec 2004 Posts: 6382 Location: Ironton, Boyne City, Charlevoix, East Jordan, Salida
|
Posted: Sat May 26, 2012 10:55 pm Post subject: |
|
|
paypal is easy to scam. say a bike is $4k. buyer puts in a fake cashier's check for $5000 to paypal, buys the bike for $4k, have it picked up and vanishes leaving you to repay paypal in a month or so when the check bounces. some guy tried that already.
this guy hasn't told me where he is. i drive a pickup and can deliver or he can come by bus or whatever, pay cash and ride it home. is a wire transfer instant? j |
|
| Back to top |
|
 |
Tele Till You're Smelly

Joined: 06 Dec 2004 Posts: 3210 Location: Betwixt the Silvers and Saint Johns
|
Posted: Sat May 26, 2012 11:03 pm Post subject: |
|
|
Is it really that easy to scam via Payopal? I've seen the following but it isn't a real Paypal email http://www.thesecurityblogger.com/?p=575 I thought they verified the funds before they told you you've been paid.
Before the advent of the WWW, but after the Internet had been created by AG (circa 1993), I found a an upright bass on a bulletin board, and I bought it COD via UPS- maybe they still do that? _________________ Reluctant enthusiast, part-time crusader, half-hearted fanatic |
|
| Back to top |
|
 |
jellero

Joined: 06 Dec 2004 Posts: 6382 Location: Ironton, Boyne City, Charlevoix, East Jordan, Salida
|
Posted: Sat May 26, 2012 11:54 pm Post subject: |
|
|
| i sold a beer can for $30 using paypal but that is my limit. talk about scams, an orange keystone light can for $30?? i am familiar with craigslist scams. poor english, WAY too much info like "i a marine biologist at sea on ship want to buy son on his birthday using paypal and blue his favorite color" etc. i can't help but wonder if a scammer from craigslist went over to the triumph board and saw my ad. i'll ask my bank next time they decide to open and ask. a wire may work if it is a final deal. j |
|
| Back to top |
|
 |
dschane

Joined: 14 Feb 2006 Posts: 427 Location: Juneau, AK
|
Posted: Sun May 27, 2012 3:10 am Post subject: |
|
|
| escrow.com? Never tried it but it's another option out there that claims to be capable of avoiding fraud. |
|
| Back to top |
|
 |
TeleBear

Joined: 06 Dec 2004 Posts: 2248 Location: Planet Earth, Mountain Division
|
Posted: Sun May 27, 2012 3:27 am Post subject: |
|
|
wire is a solid, legal, digital bank-to-bank cash transfer. when you see that a wire has been posted to your account, the money is yours. no funny business. it's on the banks to make sure this is on the up-n-up. _________________ Please don't dominate the rap, Jack,
if you've got nothing new to say.
-Jerry |
|
| Back to top |
|
 |
Hose-man

Joined: 07 Apr 2005 Posts: 1277 Location: Star IDAHO
|
Posted: Mon May 28, 2012 3:22 am Post subject: |
|
|
| tell him to wire the money to his "friend" who is picking up the bike. Then his "friend" can bring you a stack of crisp bennys. No more risk for you. |
|
| Back to top |
|
 |
Raggi_Thor

Joined: 01 Apr 2009 Posts: 774 Location: Trondheim, NORWAY
|
Posted: Mon May 28, 2012 5:58 am Post subject: |
|
|
The natural thing to do here would be to send the money with his buddy!
I didn't know paypal could be scammed.
I've bought skis from US and paid with paypal and through Western Union. One time I even sent cash inside a book in the mail.
If the buyer wants to pay in advance and not through his own buddy, then he should take all the extra risk and send you cash. _________________ /RT
CUT THE CABLE...
Rottefella Supertelemark!
Fits all NN boots, step in, step out, adjust from neutral to active with a push of your pole! |
|
| Back to top |
|
 |
James
Joined: 24 Jan 2005 Posts: 7012 Location: Castle Rock, CO
|
Posted: Mon May 28, 2012 11:36 am Post subject: |
|
|
| jellero wrote: | | is a wire transfer instant? j |
Not exactly more like same day or same half day. The thing is you are dealing with your bank and the money goes in your account and there is no way anyone can get it back out more then they can normally steal from your bank account. You call your bank and get wiring instructions send them to buyer and when he tells you he made the wire wait a few hours and call the bank. If it is a small bank they might call you.
As I have said this is really stupid for him to do so I smell a rat. He may say he will wire but try to pull a switch at the last minute. If he is honest and trustworthy a wire is the best way for you and in some ways better then cash.
Check with your bank to see if their is a cost to you for the wire. This depends on the type and size of your account.
I would also call your bank and check on any common or up to date scams. Like the buyer pretending he wants to wire you money getting all the wire instructions and then at the last minute in a panic he tells you his bank needs your password to wire the money. Some of these scams are pretty obvious but it can't hurt to be up to date on them. Wire transfers are usually done in large amounts in real estate and financial transactions. I am not experienced in all the scams a private party could do. |
|
| Back to top |
|
 |
!ski

Joined: 06 Dec 2004 Posts: 6145 Location: Boulder CO
|
Posted: Mon May 28, 2012 12:32 pm Post subject: |
|
|
I'll bite.
Many banks allow cash transfers to other customers.
For example Wells Fargo and Bank of America, not only
internally allow internal cash transfers, but between customers at
both banks.
So actually transferring money between parties is not difficult
(paypal etc etc.)
PM if you want to test sending money ...
As to the problem the exchange of goods ...
I would think the "someone" could show up with the money.
Buyer likely has someone they can trust.
Or, if a motorcycle shop would take the bike on consignment,
and handle the sale for a small fee. Though, are motorcycle
shops any more reputable than car dealers ships?
I was involved in the sale of a relatively expensive item on
ebay recently (also ~ $6,000) and in hindsight there was a shop
that was willing to buy it out right or on consignment.
Should have put it on consignment - and paid the consignment fee
and the pack/move fee - in the end the purchaser damaged
on pick up - which is sort of funny. Like buying a Ming Vase and
dropping it carrying out to the truck ...
Put it on consignment, and then self-market on e-bay.
-r |
|
| Back to top |
|
 |
Mtngrrrl

Joined: 28 Feb 2007 Posts: 1293 Location: Colorado
|
Posted: Mon May 28, 2012 12:32 pm Post subject: |
|
|
I've bought and sold a few high dollar things online, and the scammers always come out of the woodwork.
If I know in my gut that something's wrong (which you do, hence this thread), I won't work with them. Cash is king, and if they don't have cash in hand, someone else will. The scammers are really only successful when sellers need the money quickly, and are willing to ignore that nagging 'something's wrong' feeling just to do the deal.
If your potential buyer wants it, and has a local 'someone' to pick it up, the logical thing to do would be to send money with that person. I wouldn't work with him otherwise. Just my .02. |
|
| Back to top |
|
 |
!ski

Joined: 06 Dec 2004 Posts: 6145 Location: Boulder CO
|
|
| Back to top |
|
 |
|