There's an interesting article on this subject on the current Wall Street Journal Online site. This general type of money laundering has apparently become quite popular and has largely foiled law enforcement so far.

Thanks for the heads up. A buddy of mine told me that someone once offered to buy his boat the same way. He almost fell to the scamm because they offered him twice his asking price for the boat.

Good thing his wife asked her friends hubby who incidentally is a federal agent. Turns out this type of scam is huge, and the gov is trying to crack down on these bums.

Sounds like terrorist money laundering. Stupid to tell you to rip up the check. Real stupid.

<<<-- Originally posted by Peter Moore : Sounds like terrorist money laundering. Stupid to tell you to rip up the check. Real stupid. -->>>

Realisticaly, what is a local copshop going to do? They barely have the resources they need to do their local jobs as it is, and what a political nightmare to tack down a minor fraud artist across the world.

Them telling him to rip it up is no surprise to me.

I would have at least referred it to the FBI to see if they wanted to investigate further.

It probably is unlikely these were international terrorists, however a lot of networks do use small scams on the Internet to make money.