Possible fraud

[RichardSEL]

Hi,
On every occasion I have used BACS I have only parted with goods when I can see the money in my account

Seeing it is not the same as it being "available" i.e. a transfer that cannot be reversed. I'm itching to change banks,
as there's just too many incentives being offered from others not to. And my being with RBS over 20 years apparently counts for nothing... Yet they do show your balance and "available" as two seperate figures when logged into their Direct Banking by PC

Like you, I thought BACS was irreversable. But found out when I did a BACS transfer to buy something and keyed in £1.68 instead of £16.80 not noticing in error on a Sunday. The helpful person at RBS's Telebanking stopped the £1.68 saying it would'nt have been transferred until the following (bank working) day so she caught it with my authority. My statement showed it going out, then coming back in again, followed by the £16.80 going out. So I add to my adverts:

10% deposit payable within 72 hours secures. PayPal available. (Sorry, this due to eBay time wasting trolls ) Balance via Direct Banking by PC to my UK bank account prior to collection in Blackheath, south east London. Or on collection by cash. No collection in weekends unless cash balance paid. Many major banks within walking distance. 500 yards walking DLR, BR stations, and buses

[cabriolet]

Hi,
To some people my knowledge of banks account looks pretty poor, but I do not get involved in large bank transfers on a regular basis. This is why this topic needs to be pushed to help people with little knowledge of systems, especially now that local banks are closing and people are expected to do online transactions. I see on my banks Q&As about safe banking the quickest method is by CHAPS and in certain situations a charge can be made such as dealing with a foreign currency. As I now see that BACS in certain situations can take up to 3 days to clear I will have to review my future transactions to take this into account.

[cabriolet]

Here again,
I have been setting up several alerts on my bank account for minimum balance and large debit/payment amounts. I think the obvious way of checking that a payment is cleared is to look at the available funds that you can use. My account has a £200 overdraft allowance, so if you take this off the amount the rest is available to you to spend. I assume if an amount is not cleared it will reflect on the available funds.
Regards
Alan

[AScon]

I had one today. Soon after posting an add, I via an e-mail was contacted by a buyer, who wanted to buy the part. He asked med to issue a Paypal invoice, which I did. I had then a mail (apparently from Paypal with a notice, that an amount som 220 Euros higher than the price. Then I got another mail instructing me via Ria Money Transfer upfront to transfer 220 Euros to an Italian transport co. which should pick-up the part. The mails are very professional made to pretend genuine Paypal mails.

I found it very odd, and made some research. PayPal had some information, which very much described the same modus as fraud. Also the money transfer company has a fraud warning, when you try to transfer money to an unknown person only by address.

Finally I decided not to send money

Here is the wording of the false mail pretending to be send by PayPal:

Hello Anton Schulz,

Follow the verification procedures below and send us the requirement so we can release the funds into your account.

This is to let you know that the €1,100.00 EURO you received now from Frank Anderson has been secured by PayPal and on hold at our funds verification team desk for verification,being a funds for merchandise. The total sum of €1,100.00 EURO has been deducted from Frank Anderson's account which include the shipping fee and ria money transfer charges to send it to the pickup agent. So we want you to send the added shipping fee upfront and e-mail us the Ria Money Transfer scanned receipt copy in order for us to complete the verification and release the funds to your account.You are required to send the shipping fee out before we credit the total funds into your account.

PayPal Buyer Protection and security measure is to secure Frank Anderson from losing his money,while you are also safe by sending the added shipping fee upfront because Frank Anderson will not be permitted to reverse the payment after you have sent the shipping fee to the pick up agent and e-mail the scanned copy of the Ria money transfer receipt to us. Keep away the money sent scanned receipt copy from Frank Anderson or his pick up agent as soon as you send the shipping fee upfront to the pick up agent name and address via Ria Transfer for your own safety.

Your Account will be credited accordingly upon the receipt of details requested. Should either be sent in JPG format or send type details as:
Sender's Name; Receiver's Name; #11 Digits Number; Amount Sent.

E-mail us the ria transfer sent scanned receipt copy at: transaction.verifier@accountant.com
Below is the name and address of the shipping agent where the €220.00 EURO would be sent to via Ria Money Transfer.
.
Name:
Address:



Pasquale Milano
Via Bologna 53,
Roma. 00124. Italia



Address Status:

Confirmed






If you have any question about this transaction or transaction.verifier@accountant.com

Copyright © 1999-2019 PayPal. All rights reserved. Customer advisory- PayPal Pte. Ltd., the holder of PayPal’s stored value facility, does not require the approval of the Monetary Authority of United Kingdom. Users are advised to read the terms and conditions carefully.

Thank you for using PayPal.

The PayPal Team.

Fortunately I decided not to pay anything, but directed the guy to my own webshop, from where the part also is available. He probably never will buy it, despite he was very keen to have it.

Best regards
Your fellow member
Anton Schulz

[cabriolet]

Just put my car up for sale and immediately got a scam e-mail from Frank Anderson who uses a choice of 2 emails—sunsine90s@gmail.com & faan90s@gmail.com. It is the usual type of message where he states he is out of the country at this moment and does not have good signal on his phone. He asking for payment done by PayPal and he will arrange collection.
It is my opinion that he targets JEC members thinking they are older and maybe less wise to this type of scam.
Alan

[J44EAG]

It is NOT just JEC members that receive this type of scam offer to buy their advertised vehicle. Ask any other make of car club member who might have attempted to sell his car on the internet either via a club sales area or via eBay or other internet site or via classified sections in the press and similar stories will be found. Sadly, the internet opens up the sales area to the whole World and that being the case, scamming is almost impossible to control.

If you are tempted to answer this type of scam, then you can expect to be robbed. Ask yourself if you really need this kind of convoluted sale? If you enter into this type of net, you immediately give someone you don`t know complete control of the situation.

I repeat what I`ve said on many occasions. Only sell on your own terms and conditions. Why make it difficult for yourself? Sell from a position where YOU retain control and dictate the terms of the sale. ie Cash only in person if you wish to drive the vehicle away immediately, otherwise you, Mr Punter, wait until your payment has cleared into my account. No ifs or buts, pay for it with cash or wait until I have cleared funds.

Selling doesn`t need to be difficult. There is a World full of genuine buyers who will want what you have for sale and who will act in an appropriate manner. Select your buyer carefully and don`t get sucked into an obvious scam. Scams have been in operation for years and are nothing new. Stay clear and do yourself a favour.

Mike K

[cabriolet]

I have sold many items successfully through JEC and these were done by actually speaking directly to the buyer by phone. You quickly find out whether they are a Jaguar Enthusiast by asking a few questions about their cars and the reason they are buying your car/parts. These scammers do not normally want to talk, as they normally do not have any background knowledge of what they are buying, apart from what it is worth. I have not had experience of any other club but I would imagine they all experience this problem
Alan