Are you trying to sell a item or a service on Craigslist? If so, you create a posting and wait for interested buyers to contact you. Most of the contact accomplished on the classified web-site is legitimate. You deal with interested buyers who are ready to make payment for your item or service. Yet, you will probably also run into frauds. One of the most widespread scams pulled on the web-site is the overpayment scam.
What are overpayment scams? They involve an interested buyer contacting you. If you sell an iPhone for $100, they will send you a check for $1,000. Prior to undertaking so, they give you most causes why the check is for even more than your promoting cost. In these scenarios, you are not dealing with a neighborhood buyer. They claim the additional funds is to spend for shipping and you can send the leftover funds back with the obtain. Sounds reasonable, but it is in fact a scam.
A buyer who sends even more funds than you requested in the form of a check is trying to scam you. The goal is to get you to cash the check, send the item, and then the additional funds. The only situation is that the original check, the overpayment, is a fake. They hope that by the time your bank realizes this, you currently sent the leftover funds. Regrettably, you are left high and dry. You are without the phone you mailed to the fake buyer and the additional funds you sent them.
So, how can you steer clear of falling victim to an overpayment scam on Craigslist? By no means accept even more funds for a item. If you list an iPhone for $100, only sell it for $100. Don't, beneath any circumstances, accept even more. Scammers also want you to send back the additional funds in cash or a funds order since you can not quit payment on these. As soon as you mail out the overpayment, it is as fantastic as theirs.
Promoting a item or a service on Craigslist is a remarkable way to make additional funds, but you usually need to have to proceed with caution. Considering that scammers target the web-site, usually use your ideal judgment. Luckily, you now know how to steer clear of a widespread over the internet scam, regularly referred to as the overpayment scam.
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