oregonnerd: differing views

Shoppers Needed Scam

March 4, 2009 at 4:21 pm Leave a comment

An old scam is making the rounds again.  That your bank accepts a check and lets you spend money on the proceeds has nothing to do with the legitimacy of the check.  There’s a period of time, apparently varying from bank to bank but at least six months where the check can be declared fake…and the person who fell for the scam gets to pay back the money.  That was how Nigerian money-laundering schemes worked (there were a couple that actually involved funds–stolen ones).  At least scan the article I’ve linked to.  There will be a lot more of these.  Bear in mind that the prophesied transition for the U.S. to third-word country has basically taken place.  We don’t manufacture, we provide services, and that will have continuing impact on the economy.  We can only do so much waiting on each other, after all.  Maybe that’s the real origin of road rage.

–Glenn

Entry filed under: browsers, computers/tech, current news, internet, internet security.