BEWARE OF INTERNET FRAUD

The internet is a great way to advertise inexpensively anything you want to sell to all internet users; there are a number of popular websites just for this purpose. Unfortunately criminals are very aware of all of these websites and they have discovered how to commit crimes virtually risk‐free.

Here are a few local examples involving selling something over the internet:

• A condo was advertised‐The person was contacted by someone wanting to rent it. A large check was sent as a deposit, much more than the required amount. The renter requested the extra be given to another person delivering the furniture.

• A man contracted to pay for horseback riding lessons for his son who was visiting the area. A check was sent along with additional funds; these funds were to be given to the chauffer to take his son to and from the lessons.

• A man advertised his car for sale‐A buyer agreed to the price but sent additional funds requesting the seller give the difference to the transporter who would pick up the vehicle.

• An elderly couple advertised their home for sale‐A check was sent for $35,000 from a purchaser in Canada. This included $19,500 for a down payment and $15,500 to be given to the Home Inspector.

 What do these have in common? The internet and an unknown buyer who is so trusting they send additional funds for the seller to disperse. The check they send is counterfeit. The check or cash you give is good. You know nothing about the buyer other than an email address, a fictitious name and phone number.

 What makes this work? It generally takes two weeks for a check to come back counterfeit. By depositing the check you are guaranteeing the funds to the bank. Whatever you take out to spend or give to someone else, YOU are responsible for.

 Know who you are doing business with and take every possible precaution to keep from becoming a victim of this type of scam.