Buyer has paid finance off but disappeared

[m4tti]

Roo said:

Did you miss the bit, again, about a corrupt/hacked account?

Uhh no. If you read my post I say there's a 10% ish chance of if being hacked by smart people in the east.

And the chances of a hacked account with a chaps facility is small, there's better ways to drain it.

Edit.
Or are you saying the Op says the payment is from a hacked account

Edited by m4tti on Friday 17th October 22:53

[Roo]

m4tti said:

Uhh no. If you read my post I say there's a 10% ish chance of if being hacked by smart people in the east.

And the chances of a hacked account with a chaps facility is small, there's better ways to drain it.

Edit.
Or are you saying the Op says the payment is from a hacked account

Edited by m4tti on Friday 17th October 22:53

By jove, I think you've got it.

My wife asked what you do in the bank.
She wondered if you were the cleaner.

[m4tti]

Roo said:

By jove, I think you've got it.

My wife asked what you do in the bank.
She wondered if you were the cleaner.

Sorry if I missed one of the 20 pages. Your not up gasoline alley are you.

She wondered wrong lol

Edited by m4tti on Friday 17th October 23:04

[Roo]

m4tti said:

Sorry if I missed one of the 20 pages. Your not up gasoline alley are you.

Errm, no.

[Sonic]

Roo said:

By jove, I think you've got it.

My wife asked what you do in the bank.
She wondered if you were the cleaner.

Is your wife saying a CHAPS payment can be recalled from the recipient several weeks after it was received?

[m4tti]

Sonic said:

Is your wife saying a CHAPS payment can be recalled from the recipient several weeks after it was received?

Maybe, seems theyre experts but i think the implication from "roo" is that one of these pages says there is a breach of an online account.

Edited by m4tti on Friday 17th October 23:15

[Roo]

There's also a huge difference between meeting the criteria for AML and fraud.

[m4tti]

Huh you've just said its a straight hack.

Presumably your wife completes AML

[Roo]

So a bank that meets AML criteria can't be hacked?

There's a big difference between AML and fraud.

[stevensdrs]

What the OP has failed to provide is the "backstory". How would a prospective purchaser get to the scenario of having the finance details to pay off the loan? Would any purchaser in their right mind pay off the finance directly anyway?!
Selling a car is easy, the punter turns up with the money in used notes, pays you, gets a receipt and drives away. Anything more complicated is a SCAM. OP on no account give any money to anyone or you WILL LOSE IT!

[m4tti]

You'd generally cover it all in the annual training. If this is info from your wife I'd ditch the surname from your profile.

This info and all your details would assist phishing.

[Sonic]

stevensdrs said:

What the OP has failed to provide is the "backstory". How would a prospective purchaser get to the scenario of having the finance details to pay off the loan? Would any purchaser in their right mind pay off the finance directly anyway?!
Selling a car is easy, the punter turns up with the money in used notes, pays you, gets a receipt and drives away. Anything more complicated is a SCAM. OP on no account give any money to anyone or you WILL LOSE IT!

This has been covered many times.

It's standard and best practice for the buyer to pay the remaining finance directly.

If you pay in cash what's to say the seller doesn't just keep it rather than paying the remaining finance off?

[Funk]

m4tti said:

TheHound said:

This is a bit embarrasing for you considering you work in the banking industry isn't it...

Please refer back to my post, I also said SMEs (not to mention larger organsitaions) and there account could easily get hacked. This coupled with the fact the they probably only get billed monthly/quarterly it would be reasonable to assume the charge may not have been flagged up yet.

This probably wasn't what happened but it just goes to show how an african based scam could be possible, remeber you said it couldn't be!.

Not embarrassing for me at all, I've explained above.
Trust me it's highly unlikely, in the region of 90% unlike but there's lots of smart people in the Far East, who maybe able to complete the 10% chance of this story.

The highest probability are the details are wrong or it's bullst

Ok, if you're that confident then how about you cover the £15k if it IS a scam?

[ging84]

burn the car, claim gap insurance
problem solved
then maybe kill anyone who's replied to this thread (except me of course) then fake your own death

[m4tti]

Funk said:

Ok, if you're that confident then how about you cover the £15k if it IS a scam?

Why would I. It's simply an opinion.

Your idea is very sweet though.

Edited by m4tti on Saturday 18th October 02:01

[Pommygranite]

OP - whatever happens do come back and update us one way or the other.

How does he want to get his money by the way? Personally its well worth a personal visit, to his house, with a bankers cheque. Even if it does take an hour or so to get there.

[GP335i]

OP, ask him to arrange a meeting at his bank and have them prove the payment came from his account and that it wasn't funds newly transferred into his account. If he refuses you know there's something funny going on.

[gizlaroc]

stevensdrs said:

What the OP has failed to provide is the "backstory". How would a prospective purchaser get to the scenario of having the finance details to pay off the loan? Would any purchaser in their right mind pay off the finance directly anyway?!
Selling a car is easy, the punter turns up with the money in used notes, pays you, gets a receipt and drives away. Anything more complicated is a SCAM. OP on no account give any money to anyone or you WILL LOSE IT!

[gizlaroc]

Show him this thread, and he may well see why you are so concerned.

[Ari]

Sonic said:

This has been covered many times.

It's standard and best practice for the buyer to pay the remaining finance directly.

If you pay in cash what's to say the seller doesn't just keep it rather than paying the remaining finance off?

Agreed, but before even seeing the car or meeting the seller?

When was the last time you liked the look of a car and contacted the owner to pay £15,000 of finance off as your FIRST move before seeing it.

Oh, and then cancelled, still without making an appearance and asked for the money, that didn't even go to the seller, back..?