Bank Draft Scams Are On the Rise

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Bank Draft Scams Hit An All Time High

As more and more people turn to sites like eBay and Craigslist to purchase and sell valuables online, bank draft scams increase across the board. Since counterfeit documents are easier to obtain than ever, even when sellers require bank drafts or cashier’s checks as payment, scams are still surfacing prompting sellers to be on high alert. If the draft or check is for more than the sale price and you are asked for the overage in cash…an alarm should sound!