Fraudulent bankers draft! Please read
Discussion
Hello everyone,
please read this, any good advice will be well recieved
Rgds
http://pistonheads.com/gassing/topic.
please read this, any good advice will be well recieved
Rgds
http://pistonheads.com/gassing/topic.
The police are usually not very interested in this type of crime..........it isnt enough money for the fraud squad to be interested and its too big for a Pc to get involved with........it falls down a hole.........go after the bank, they verified the draft.
We very nearly got the same thing done to us, and we were very lucky come away unscathed.........I can put you onto an expert in the field who I used if it would help........PM me through profile.
>> Edited by POORCARDEALER on Wednesday 31st May 23:26
And people say I`m scaremongering just to try and buy more cars !!
www.911virgin.com/buyer.htm
I was in Birmingham crown court last year assisting in the conviction of a number of people actively sourcing cars in this manner on the rare occasion they got caught. The old bill are shite at all aspects of car crime and the worrying thing is that it isn`t tiny amounts of money. Remember also your insurance won`t be digging their hands in their pockets as you gave the car away, it wasn`t stolen from you.
A sobering lesson.
Henry
www.911virgin.com/buyer.htm
I was in Birmingham crown court last year assisting in the conviction of a number of people actively sourcing cars in this manner on the rare occasion they got caught. The old bill are shite at all aspects of car crime and the worrying thing is that it isn`t tiny amounts of money. Remember also your insurance won`t be digging their hands in their pockets as you gave the car away, it wasn`t stolen from you.
A sobering lesson.
Henry
The situation with bankers drafts in this country is disgraceful
When I've taken payment I've had the draft written out in front of me, but even so one wonders if they will still get around that somehow.
The only ways around these problems seem to punt all the risk onto the buyer. I wouldn't send 25k by chaps to someones account without taking the keys + docs!
I've been thinking of this problem too for when I sell the tt later this year (perhaps!)
Having the draft written out in front of you is a good idea, but I guess there's the slim possibility that the fraudster is a bit of a Paul Daniels and somehow switches with another.
Surely when you're talking about tens of thousands you could use a solicitor like you do when you're buying a house. Get the money in their client account and have them hand over the keys when they're satisfied. That way buyer and seller are protected.
Otherwise, what about having them do the transfer at your house on your computer using the internet? Do it at just about close of business just in case there's a way of reversing the transaction.
SM
Having the draft written out in front of you is a good idea, but I guess there's the slim possibility that the fraudster is a bit of a Paul Daniels and somehow switches with another.
Surely when you're talking about tens of thousands you could use a solicitor like you do when you're buying a house. Get the money in their client account and have them hand over the keys when they're satisfied. That way buyer and seller are protected.
Otherwise, what about having them do the transfer at your house on your computer using the internet? Do it at just about close of business just in case there's a way of reversing the transaction.
SM
Doing it via online banking doesn't work. On my account at least the transaction limit to another account is 3k or so and it takes several days to arrive. It can also be recalled.
They could also set up a fake banking website to make you think they've done it.
>> Edited by DanH on Thursday 1st June 09:37
They could also set up a fake banking website to make you think they've done it.
>> Edited by DanH on Thursday 1st June 09:37
Gulliver911 said:Not necessarily if you use the same bank. As I have mentioned you can have the buyer draw cash, leave it behind the counter and pay it straight back in to your account. It cannot go wrong. As it's taken out and paid in as cash the onus is on the bank to check the account it's coming out of and it can't be recalled.
I was thinking of this when buying a car privately.
It seems that having a solicitor as a go between is the only safe method both for seller and buyer no ?
The last time I did this the cash never even existed, we rang the bank and prearranged it all with the manager. Buyer writes out a cheque for cash and this is handed over together with a paying in slip to the sellers account for the same amount. Saved any fees and we were both happy as the keys and funds exchanged simultaneously.
henry-f said:
Remember also your insurance won`t be digging their hands in their pockets as you gave the car away, it wasn`t stolen from you.
A sobering lesson.
Henry
Just a quick idea, but this offence is one of deception, to commit an act of deception you must include an element of theft. So why can't the insurance company pay out. The owner has taken all reasonable care during the sale. I know the ins company will play up but its another option for getting your money back.
its a long time since I looked at the act of deception but I think I'm right
Really sorry to hear your tale of woe - can imagine how bad and cynical you're feeling now.
I'm amazed that the banks can get away with this sort of behaviour. Essentially, by confirming that the bankers' draft is good when you do due diligence, they are aiding and abetting the criminal. They don't lose money on the affair and yet it is their security system that is completely inadequate.
Maybe the reponse is to open an account specifically for the transaction, and transfer the money out the moment that it is credited. That way it will be the banks that get stuffed, and they might start working on their security systems. For the moment it is only win:win for them the bloodsuckers!
I'm amazed that the banks can get away with this sort of behaviour. Essentially, by confirming that the bankers' draft is good when you do due diligence, they are aiding and abetting the criminal. They don't lose money on the affair and yet it is their security system that is completely inadequate.
Maybe the reponse is to open an account specifically for the transaction, and transfer the money out the moment that it is credited. That way it will be the banks that get stuffed, and they might start working on their security systems. For the moment it is only win:win for them the bloodsuckers!
I feel for you, hope they get the swine’s and RBOS take some responsibility.
No help to you now of course but bankers drafts are best when purchaser leaves the money in their account. On day of sale you go with them to their branch and sit with them while they get their bank to draft it. They then hand you the draft, you then go to your branch and pay in with them too. Then you walk to the car do the V5 paperwork and give them keys.
Some may like to a request at the last minute (so they cant prepare) that they arrive with 2 bills, bank statements, passports which you photocopy, etc.
I did this when selling my Boxster for £35K to a fellow I did not like the look of who bought the car on the phone without even viewing. You may laugh at this but I also made sure he had a cup of tea at mine on collection so I had finger prints on a ceramic surface. Call me paranoid ? Probably :-)
No help to you now of course but bankers drafts are best when purchaser leaves the money in their account. On day of sale you go with them to their branch and sit with them while they get their bank to draft it. They then hand you the draft, you then go to your branch and pay in with them too. Then you walk to the car do the V5 paperwork and give them keys.
Some may like to a request at the last minute (so they cant prepare) that they arrive with 2 bills, bank statements, passports which you photocopy, etc.
I did this when selling my Boxster for £35K to a fellow I did not like the look of who bought the car on the phone without even viewing. You may laugh at this but I also made sure he had a cup of tea at mine on collection so I had finger prints on a ceramic surface. Call me paranoid ? Probably :-)
Yep, my father keeps hammering on about this for when I come to sell.
The method Im inclining for is purely electronic transfer of cash into my account, handshaked by my bank saying "Yes the money is in the account" and their bank manager saying "yes, the money has left the account". Confirmation of both in writing and signed by both seller and buyer.
The method Im inclining for is purely electronic transfer of cash into my account, handshaked by my bank saying "Yes the money is in the account" and their bank manager saying "yes, the money has left the account". Confirmation of both in writing and signed by both seller and buyer.
Red Head
You've made a good move by coming on here to start with but if the bank really checked the draft and you can prove it then you MUST go to the press/Watchdog etc etc. The bank will hate the adverse publicity and this will really soften them up. Even the mere mention of Watchdog gets the big Corps shaking in their boots.
I'm just hoping that you have some concrete proof that they checked it.
Good luck!
You've made a good move by coming on here to start with but if the bank really checked the draft and you can prove it then you MUST go to the press/Watchdog etc etc. The bank will hate the adverse publicity and this will really soften them up. Even the mere mention of Watchdog gets the big Corps shaking in their boots.
I'm just hoping that you have some concrete proof that they checked it.
Good luck!
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