It’s great to hear from listeners, especially when they update us on current scams.

Alex is trying to sell a car and is hearing from crooks who are trying to defraud him. It goes this way: the would-be buyer tells Alex that he wants to buy the car and ship it to the U.K. Alex will be sent a cashier’s check for the asking price of the car plus funds to ship the car overseas. Alex will cash the check, keep the money for the car and forward the remainder of the funds by Western Union to the company that will ship the vehicle.

What is wrong with this scenario? Well, you can count on the cashier’s check to be a counterfeit. This is just a ploy to get money out of the unsuspecting seller. Typically, the amount to be forwarded to the shipping company is several thousand dollars, money that would have come out of Alex’s bank account, if he fell for this scam.

Well, Alex knows better and wants to warn others. He has received ten of these offers in two days.