[IP] Scam involving cashier's checks is gaining steam

[David Farber <dave@farber.net>]

Begin forwarded message:

From: Monty Solomon <monty@roscom.com>
Date: September 26, 2004 1:45:54 PM EDT
To: undisclosed-recipient:;
Subject: Scam involving cashier's checks is gaining steam

CONSUMER BEAT

Scam involving cashier's checks is gaining steam

By Bruce Mohl, Globe Staff  |  September 26, 2004

Abigail R. Safran was taken for more than $5,000 earlier this year in
what appears to be a burgeoning scam involving counterfeit cashier's
checks, but the Northeastern University student is balking at paying
back the money because she says her bank bears some of the
responsibility.

Safran deposited a $7,230 cashier's check at FleetBoston  last June
and the next day withdrew more than $5,100 and wired it to what she
thought was a company preparing to ship furniture to a woman who was
going to sublet her apartment.

It turned out to be an elaborate scam. The woman never showed up to
sublet the apartment, the money disappeared, the cashier's check
turned out to be counterfeit, and Fleet is now demanding that Safran
reimburse it for the $5,100 she withdrew from her account.

''At this point, they can totally ruin my credit," Safran said. ''I
honestly don't know what to do."

Safran is the latest victim in a scam that seems to be snowballing in
size and sophistication. Banking industry officials say millions of
dollars are being sucked out of consumer bank accounts and out of the
country by scam artists operating largely from abroad.

...

http://www.boston.com/business/articles/2004/09/26/ 
scam_involving_cashiers_checks_is_gaining_steam/


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