[Gllug] Scam

[Alistair Mann]

Philip Hands wrote:
>  On Mon, 1 Nov 2010 11:04:34 +0000, James Courtier-Dutton
>  <james.dutton at gmail.com> wrote: ...
> > I think the bank has about 6 months to decide if the cheque is fake
> > or not. So, if you receive a check, and then you make a payment out
> > from that money. The bank can grab the check money back 6 months
> > later, but you will not get your payment out that you did back.
> > Conclusion: Checks are not worth the paper they are written on.
>
>  I have a feeling cheques never irreversibly clear these days.
>
>  It seems that many of these scams use stolen genuine cheques, which
>  are then washed to remove the original amounts and payee, so you are
>  sent a cheque drawn against a real legitimate business, with a valid
>  signature.

One of my clients discovered that a burglar had swiped a handful of 
cheques from the back of her cheque book, presumably to this kind of end.

Cheers,
-- 
Alistair Mann

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