Tarbert emphasized that just because a bank makes funds from a cashier's check
available, it doesn't mean the money is actually sitting in the account.
71) Before he deposited the checks, Hughes consulted with a bank officer at Valley Bank as to their validity; with regard to the "official checks," the bank official said that "official checks" were "same as cash," and "just like cashier's checks
," and that Hughes may do with the funds as he wished.
Investigation revealed that an individual or individuals were ordering computer-related products all over the country and offering the same counterfeit cashier's check
When she presented it for deposit at Oregon Community Credit Union, she says, she was told she needn't worry about calling the Wyoming bank to verify the check, because it was a cashier's check
The counterfeit items display the bank's correct routing number 082901596, and are similar to authentic cashier's checks
, the bank said.
Ostroff advises consumers to avoid sellers insisting on using an unknown escrow service, and allow cashier's checks
2 weeks to clear before spending.
Shortly after making a demand for payment, the lawyer receives cashier's checks
drawn on an Ohio bank.
The counterfeit First Security cashier's checks
have been associated with a different type of con game known as an overpayment scam.
A federal grand jury indicted Crawford late Tuesday on two counts of wire fraud, two counts of interstate transportation of cashier's checks
fraudulently obtained from the gallery and one count of engaging in monetary transactions involving funds obtained through fraud, said Assistant U.
The payENKRYPT system empowers brokerage clients by providing a superior alternative to expensive and time-consuming methods currently available, such as bank wires, cashier's checks
and overnight couriers.
1(j), holds that cashier's checks
carry a "limited and acceptable risk of failure" and are allowed to be disbursed before they are "finally settled, and credited to the lawyer's trust account," Shepard said he can understand how a bookkeeper or lawyer may disburse money before it is determined a check is no good.
warned that counterfeit cashier's checks
bearing the name of the Bank of Eureka Springs were in circulation, the FDIC warned that another counterfeit check is making the rounds.