What is the name of your state?
North Carolina
Hi, I'm hoping to get some good advice about what steps I might need to take. I was surfing the Yahoo auctions webpage looking for the impossibly hard to find new gaming console, the Xbox 360, for my son for Christmas. I came across an auction and I contacted the gentleman about ending the auction early. He and I corresponded through several emails and I'm still in contact with him as of today (this process began on Sunday). Anyhow, I initially attempted to pay him with Bidpay however, as the auction was still open and there wasn't a high bidder on it, Bidpay stopped the transaction. In order for me to use Bidpay, I would have to have been the high bidder on a closed auction. Since we had agreed to conduct the business outside of the auction, I figured the next fastest way to pay this person would be to have my bank directly wire the funds from my checking account into his. Currently, I have a cell phone number for this individual which only seems to kick over to voicemail. However, I have the following info on him:
his first and last name/ his wife's name
Aol email address
his address
name of his bank
his checking account number
his routing number
I also have numerous emails in which he clearly agrees to ship me the merchandise for a set price.
I had my bank begin a trace on the money that went through the Fedwire.
All of this may be premature, but I began to realize that it seems the Yahoo auctions site had an inordinate number of fraudulent auctions. I was new to that site. As of this morning, the seller informed me that his bank listed the wire transfer as pending. It just had to clear though security or screening. I called my bank and they said that is possible. Per an email from the seller, the funds would be available to him on Friday at the latest. As tomorrow is D-Day, so to speak, I wanted to get my ducks in a row should I need to move forward.
Sage advice welcome. If this completes successfully, I'll never conduct a transaction like this outside of the security of my Visa check card with my credit union (yes, I've already begun the self-deprecation!).
THANK YOU!
North Carolina
Hi, I'm hoping to get some good advice about what steps I might need to take. I was surfing the Yahoo auctions webpage looking for the impossibly hard to find new gaming console, the Xbox 360, for my son for Christmas. I came across an auction and I contacted the gentleman about ending the auction early. He and I corresponded through several emails and I'm still in contact with him as of today (this process began on Sunday). Anyhow, I initially attempted to pay him with Bidpay however, as the auction was still open and there wasn't a high bidder on it, Bidpay stopped the transaction. In order for me to use Bidpay, I would have to have been the high bidder on a closed auction. Since we had agreed to conduct the business outside of the auction, I figured the next fastest way to pay this person would be to have my bank directly wire the funds from my checking account into his. Currently, I have a cell phone number for this individual which only seems to kick over to voicemail. However, I have the following info on him:
his first and last name/ his wife's name
Aol email address
his address
name of his bank
his checking account number
his routing number
I also have numerous emails in which he clearly agrees to ship me the merchandise for a set price.
I had my bank begin a trace on the money that went through the Fedwire.
All of this may be premature, but I began to realize that it seems the Yahoo auctions site had an inordinate number of fraudulent auctions. I was new to that site. As of this morning, the seller informed me that his bank listed the wire transfer as pending. It just had to clear though security or screening. I called my bank and they said that is possible. Per an email from the seller, the funds would be available to him on Friday at the latest. As tomorrow is D-Day, so to speak, I wanted to get my ducks in a row should I need to move forward.
Sage advice welcome. If this completes successfully, I'll never conduct a transaction like this outside of the security of my Visa check card with my credit union (yes, I've already begun the self-deprecation!).
THANK YOU!