Advance Fee Scams Are Based On Greed, So Their New Favorite Targ...

Courtesy Techdirt  Thu, 10/22/2009 - 10:45

While the "classic" Nigerian 419 "advance fee" scam was based on telling someone they had been awarded/won millions of dollars, which is just held up by bureaucratic problems, a popular variation that's been around for years is buying something online with a bogus check written for significantly more than the amount sold.

This scam hit eBay users pretty hard for a while. Basically, it relies on a fundamental misunderstanding of how check processing works.

As an example, a check for...

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