Scams

snaimon · 29-09-2006, 23:45

Can someone tell me how scams work?

Example: Someone (the person to be scammed) is to function as a middleman. The person (middleman) is to relay or transfer money from one party to another. The middleman is to receive 10% of the total sum as his/her commission. He/she receives a large sum of money from the first party via check; he deposits into his account. After the funds clear, he is to transfer 90% of the sum on to it final destination.

So, how is this a scam? Is it possible or HOW is it possible for the first party to retrieve the funds that have already cleared with the originating bank.

Thanks,

Stan

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snaimon (Offline) Senior Member Prepaid Specialist Posts: 898 Join Date: 17 Mar 2004 Location: Richmond, VA USA Country:	29-09-2006, 23:45 Can someone tell me how scams work? Example: Someone (the person to be scammed) is to function as a middleman. The person (middleman) is to relay or transfer money from one party to another. The middleman is to receive 10% of the total sum as his/her commission. He/she receives a large sum of money from the first party via check; he deposits into his account. After the funds clear, he is to transfer 90% of the sum on to it final destination. So, how is this a scam? Is it possible or HOW is it possible for the first party to retrieve the funds that have already cleared with the originating bank. Thanks, Stan Phones: DASH V3 (3) Service: US T-MO post paid (2) - US T-MO prepaid (2) - UM+ - TravelSIM DE SIMYO - DE SUNSIM T-Mobile DE Calling Cards: Onesuite Enjoyprepaid AT&T MCI Mobivox