Any sellers had one of these emails before?

[davidej]

Am I the ONLY one that thinks the BANK is in the wrong with these scams?

How can it be that the bank tells you that the cheque has cleared, and then later on, after the scam has been completed say "oh no sorry it has bounced"

I personally think the bank should ONLY tell you the cheque has cleared when it really and truly has cleared. And by telling you that it has cleared before it really has, the bank should then be liable for any loss.

It is only because of the unprofessional way that banks operate that this scam works.

For years, bank customers complained that they didn't get fund from cheques presented for days and that the banks sat on the interest.

To alleviate this, banks started giving more or less immediate value with the proviso that they would take the money back if the cheque was dodgy.

This was long before Princesses from Burkino Faso learned how to take advantage of the system.

If we reverted to ther old way of doing things, millions of customers with genuine cheques would be disadvantaged.

You can't please all the people all the time!

 

[AntarcticPilot]

THIS may interest those disposed to fight back! It's not the only group.