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  Home >> Scams/Fraud  
Getting Paid to Cash Check for Another?

I was given a check for $1825 for a company that's run in the UK. The guy who hired me through email told me that I would be getting a check to cash and transfer back to them. I don't know if this is legit. They told me to keep 10%. Could this backfire on me even if the check is cleared with my bank?


It absolutely could backfire. While we won't say this is a scam, it is the way a common scam is run. Even with your bank delaying availability of the check, it is very likely that you will have access to the funds before it is actually processed by the paying bank.

If you withdraw the money and send it off, and then the check comes back, your bank will take the money from you. This means you lose that money and any fees.

Don't let that money go until you actually speak with the other bank and know the check is good. Again, so many customers get devastated by losing money this way. Use every precaution you can think of, and ask your bank about sending this check for collection if you decide to accept it.

Published on BankingQuestions.com 10/16/08