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Wire Transfer Question
#405274 06/09/14 08:57 PM
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A stranger wants to buy something from me that I put up for sale on Craig’s list. I asked him if he had a preferred way to pay for the stuff. He said either Paypal or Wire Transfer.

My bank says I need to provide my account number and routing number to receive the transfer. They told me there is risk, if the person transferring funds knows my full name and social security number. They could potentially rip me off, but only funds in the account, and not funds in my other accounts at this bank (like other savings and checking accounts).

My gut is wondering why this person would offer to transfer money, as he stands more to lose. I’ve searched this on ol’ internet and can’t really find any cases of wire transfer fraud, from folks ‘getting’ money.

Is there some new fraud going around? Should I be worried?

Re: Wire Transfer Question
michael_d #405277 06/09/14 10:09 PM
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go paypal .I have read plenty about this especially from overseas .

Last edited by Socketman; 06/09/14 10:09 PM.

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Re: Wire Transfer Question
michael_d #405283 06/10/14 01:08 AM
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DON'T DO IT! Craigslist of full of scams like this now. It's gotten impossible to sell anything of value there. Paypal is safer, but I'd be wary of dealing with a person like this unless it was face-to-face, in a public place, with other people around.


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Re: Wire Transfer Question
michael_d #405285 06/10/14 02:26 AM
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So I told the guy I had concerns with the transfer, and he said he's OK with Paypal. He then sent me pics of his driver's license, car registration, pics of himself with his car. If this is a scam, he sure is working it. Part of my conscience wants to believe in people and integrity, but I've ran across too many scoundrels....

Re: Wire Transfer Question
michael_d #405289 06/10/14 04:10 AM
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As long as you use paypal, you will get the money the you send the product. It is t he buyer that is taking the risk at that point. I just bought off canuck audio mart like this and I was a bit nervous but all went well.


DOG is GOD spelled backwards.
What others think of me is none of my business.
M80 V3 MY GLOSS Cherry
Re: Wire Transfer Question
michael_d #405342 06/11/14 01:16 PM
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I'm tagging on to Mike's post since it's in the same vein. I put a bunch of stuff on Craigslist yesterday, and stated that I would only sell to local buyers, face to face.

Someone from out of state contacted me and offered to pay in advance via PayPal and then have a local friend of his pick it up. He says that he is the one taking the risk.

I'm familiar with quite a few scams, but can't help but wonder if there's one I'm not familiar with that's going on here.

Can a PayPal payer refute the sale afterwards and have the money transfer back to themselves, the way you can refute a charge on say, Visa or MasterCard?

I'll look this up on PayPal's site, but again wonder if there might be a scam I'm not familiar with.

It's a $700 video tripod.


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Re: Wire Transfer Question
michael_d #405343 06/11/14 01:36 PM
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Does it emerge out of the ground and shoot people with disintegration beams?

I'll give you $800 !!


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Re: Wire Transfer Question
MarkSJohnson #405357 06/11/14 02:47 PM
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Originally Posted By: MarkSJohnson
I'm tagging on to Mike's post since it's in the same vein. I put a bunch of stuff on Craigslist yesterday, and stated that I would only sell to local buyers, face to face.

Someone from out of state contacted me and offered to pay in advance via PayPal and then have a local friend of his pick it up. He says that he is the one taking the risk.

I'm familiar with quite a few scams, but can't help but wonder if there's one I'm not familiar with that's going on here.

Can a PayPal payer refute the sale afterwards and have the money transfer back to themselves, the way you can refute a charge on say, Visa or MasterCard?

I'll look this up on PayPal's site, but again wonder if there might be a scam I'm not familiar with.

It's a $700 video tripod.


Mark, if someone, anyone, is going to come to pick it up, then there is no reason that person cannot already have for you: cash, a cashier's check from a national bank, or a Postal money order.

Edit: Wait! Didn't JP once refer to himself as a $700 video tripod?

Last edited by BobKay; 06/11/14 02:54 PM.

Always call the place you live a house. When you're old, everyone else will call it a home.
Re: Wire Transfer Question
michael_d #405362 06/11/14 03:05 PM
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No, it was $7 video tripod. Watch your decimals, Dewey!


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Re: Wire Transfer Question
MarkSJohnson #405363 06/11/14 03:06 PM
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But aren't those ones really unstable?


Always call the place you live a house. When you're old, everyone else will call it a home.
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