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  #1  
Old 10-22-2009, 10:11 AM
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Location: New York. Long Island.
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quick question...

What is the name of your state (only U.S. law)? NY


So I am selling a motorcycle for 5k, The dude wants to buy it, He says he can give me a bank cashier's check for the bike, I agree because a cashier check supposedly more safe then personal check.

I put it in my bank, I sign the title, I give a basic receipt (X purchased blank for 5k cashers check) and sent him on his way, and threw away his info when the check cleared. thinking all is well...

After reading a post, I realized... What if the check was fake? what if my bank clears it, I buy a new car, and it comes back fake? WHAT IF THE CHECK IS FAKE!!!

So, since I have no idea how to find the dude I sold the bike to, and the bank held the check for 24 hours (business) before clearing it, and only after 3 weeks found out it was fake, can I defend that they should not have cleared it if it was fake? and being the bank, they should have caught that while I still could have done something?

Is there any defense, or am I stuck owing the bank 5k. I am now nervous.
  #2  
Old 10-22-2009, 10:20 AM
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There was nothing obviously fake about the check, and when I brought it to the bank of its origin, it said I couldnt cash it there because i didnt have an account there,,, not that the check appeared fake.and the guy didnt seem criminal or anything...

I think it is unreasonable to think I should keep the title and bike, and money 3 weeks to confirm it's all valid.

Am i right to worry?
  #3  
Old 10-22-2009, 10:35 AM
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Cash is king.

If the check bounces, run the vin to get the guys contact information and file the report with the police. It is amazing how guys in bad uniforms and guns motivate people.

DC
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  #4  
Old 10-22-2009, 10:35 AM
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This is a very common scam.

If the check is fake, you will be liable to the bank. The man who gave you the check will be liable to you.
  #5  
Old 10-22-2009, 10:35 AM
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Sorry, Thanks guys, the bank said, the victim (me) is supreme victim, and if the check comes out fake, then I owe the bank, and I have to get the bike back, and they close my account due to fraud. and that will be on my banking history



lol, I hope the check is real... !!!
Last edited by Banned_Princess; 10-22-2009 at 10:48 AM.
  #6  
Old 10-22-2009, 10:45 AM
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Quote:
Originally Posted by Banned_Princess View Post
So I should ask the bank then?
The bank may not tell you anything. You are just going to have to sweat this one out.

Cash Is King
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  #7  
Old 10-22-2009, 10:49 AM
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Quote:
Originally Posted by debtcollector` View Post
Cash is king.

If the check bounces, run the vin to get the guys contact information and file the report with the police. It is amazing how guys in bad uniforms and guns motivate people.

DC
lol, I agree, I hope I dont have too!!!
  #8  
Old 10-22-2009, 10:56 AM
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Quote:
Originally Posted by Wirelessany1 View Post
The bank may not tell you anything. You are just going to have to sweat this one out.

Cash Is King
Well I did only get the tellers oppinion, he said (at least) criminal charges wont be brought against me, but i could be sued for the 5 grand... I dont want to take anything he said too far, he is just the teller.


(ps, i wish you didnt quote that it appeared rude, I was just thinking in post... lol)

Do you think I could tell him I want cash at this point? (if I could just give the check back to seller) I should have known...
  #9  
Old 10-22-2009, 10:58 AM
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I signed up for the FDIC's special alerts and I get information such as cashier check fraud (bank name and how to check) as well as all the banks that are closed or taken over. I must say my email notifications are screaming some Friday afternoons.

Did you make a copy of the check before you deposted it????

[url=http://www.fdic.gov/news/news/SpecialAlert/2009/index.html]FDIC: Special Alerts[/url]
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Apparently others (those who have obviously received no further education than a diploma or more likely a G.E.D) quitting a sorority does not implicate you have quit college. ....I am receiving my masters in Communication in two weeks.

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  #10  
Old 10-22-2009, 11:02 AM
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When we sold our Harleys we only accepted cash or wire transfers (buyer's bank to our bank). We checked the cash to make sure it wasn't fake. Paranoid? Yes. Prudent? Yes.

Wireless should also have the alerts - PM her with the information and she can check the bank to see if there are any fraudulent checks. Right, W?
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Quote:
Originally Posted by dolly09 View Post
Apparently others (those who have obviously received no further education than a diploma or more likely a G.E.D) quitting a sorority does not implicate you have quit college. ....I am receiving my masters in Communication in two weeks.

Private message from dolly a few days later: "when did communications have anything to do with grammar and puncutation."
  #11  
Old 10-22-2009, 11:08 AM
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OhNo!! I did not copy it!!!


Ahhhh!!!


Well what I could do, as far as the bank is comcerned, is I could, maybe, keep the money in the bank a month to immedeately pay the bank if it comes out fake???

Oh man.. Oh well, I will mitigate the possible damage by keeping the money in the bank, if they do clear it, until it is all solidly clear. Then I might try to argue them out of closing the account due to fraud, by having their money available.

lmao, I learned something today
  #12  
Old 10-22-2009, 11:21 AM
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Do you remember the name of the bank on which it was drawn?
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Quote:
Originally Posted by dolly09 View Post
Apparently others (those who have obviously received no further education than a diploma or more likely a G.E.D) quitting a sorority does not implicate you have quit college. ....I am receiving my masters in Communication in two weeks.

Private message from dolly a few days later: "when did communications have anything to do with grammar and puncutation."
  #13  
Old 10-22-2009, 11:23 AM
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Location: Deep East Texas
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Wireless - would the bank have scanned it and possibily be able to provide our little Princess with a copy?
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Quote:
Originally Posted by dolly09 View Post
Apparently others (those who have obviously received no further education than a diploma or more likely a G.E.D) quitting a sorority does not implicate you have quit college. ....I am receiving my masters in Communication in two weeks.

Private message from dolly a few days later: "when did communications have anything to do with grammar and puncutation."
  #14  
Old 10-22-2009, 11:28 AM
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Join Date: Mar 2007
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Does anyone know if she could put a lien on the bike's title if the check is phony?
  #15  
Old 10-22-2009, 11:35 AM
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Quote:
Originally Posted by Country Living View Post
Do you remember the name of the bank on which it was drawn?
I do. It was a Chase check... And chase said I didnt have an account, not it was fake. . .


maybe I can put a lien on the title for the 5k? Well that would be good, but what about the "Fraud" brand on the account?
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