Old 12-23-2010, 06:12 PM
  #14  
MEMRACING62
Senior Member
RACING JUNKIE
 
Join Date: Sep 2007
Location: orland pk il
Posts: 2,399
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Originally Posted by Julianthe3rd
Originally Posted by MEMRACING62
Originally Posted by BEAST477
What are the problems with money orders?
I've had 14 sales on here and all I use are United States Postal money orders with no problems.
Same when I buy.
Just curious.
money orders can be canceled....we had a scheme going on here in chicago with apt rentals. scammer would use somebody elses ID to rent an apt & use money order to put down deposit.....Next day call & said I changed my mind, money order has already been deposited.....we issue a company check for refund, scumbag takes that check directly to our bank & cashes it.....five days later we get the charge back.....money order canceled at currency exchange the afternoon of the day there refund check is cashed.....just about every management co around us was getting hit the same way....even with money order make sure it clears before you ship!! I KNOW...I KNOW LONG STORY :roll:
My uncle lost over $10,000 taking Certified business checks. They cleared and about 1-2 months later were reported stolen, and the money was taken from his bank account.
OUCH ! I HAVE HEARD OF THAT HAPPINING, NOT TO US.........YET.
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