30) Lastly, the regulations allow for a depository bank to hold a cashier's check
for new accounts opened less than thirty days, and in emergency conditions such as a natural disaster.
The scam - overpaying for a purchase using a fake cashier's check
and asking for a refund - is so common that it's described in detail on www.
Opening bid is $1 million, with a certified or cashier's check
in the amount of $100,000 required to buy on day of auction.
Companies automatically think cashier's checks
must be authentic," he said.
Greenberg said the lawyer told him that before wiring the $80,000 to the Japanese bank, he checked with his bank to ensure the cashier's check
So I got online and called the real Chase Manhattan Bank, went through two or three phone calls, and they verified the account number of the front of the check is a legitimate cashier's checking account number--but from Texas, not Florida--but the cashier's check
number was completely illegitimate.
He wants The Florida Bar to amend its rules to prohibit Florida lawyers from being able to immediately disburse money from their trust accounts based on a deposited cashier's check
Once considered the next-best thing to cold, hard cash, the cashier's check
is now the con artist's favorite tool.
For your copy of this program, just send a cashier's check
for $10,000 to Bad Reporter Corp.
in Guangdong, China--instead sends the firm a bogus cashier's check
in an amount greater than the asked-for retainer.
Suggested opening bid is $2 million, with a certified or cashier's check
in the amount of $200,000 required to bid on day of auction.