Selling - okay to take a personal check?
Selling my Class A DP. Is it okay to take a personal check for the funds? I DO NOT transfer title until the funds clear. Thus if the check bounces then that's fraud, perhaps even grand theft au...
Forum Discussion
time2roll wrote:T18skyguy wrote:Did he tell them it was counterfeit?
I know a guy who took $10,000 in cash out of US Bank. When he got home he discovered that several thousand of it was counterfeit. He took the bad money back to the bank, they would not take it back.
Maybe it is best to have the pen right there at the bank.
Yes he told them it was counterfeit, but there is no way for the bank to be sure that he didn't do the substitution. Banks do unwittingly pass counterfeit notes. They even have a machine that weighs each bill. Don't know how they didn't catch it but they didn't. The last person holding the bad money loses I suppose.
