Selling a boat? News on the latest counterfeit check scam...
One of our local marine title companies reports that in the last two
weeks they have receivd two counterfeit cashier's checks. One was for
$470,000.
In both cases, the party supposedly purchasing the boat presented the
check for a substantial amount over the agreed upon selling price and
requested "cash back at closing" so that the buyer could arrange pay a
trucking company to haul the boat cross country.
Looks like a confirmed wire transfer is really the only way to go.
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