Quote from: Blackbearded on October 08, 2017, 12:06:26 AM

Hi,

not sure exactly where to post this so will just post it here. I just want advice on if I am being scammed.

SHORT VERSION:
I met up with a buyer from out of state who wanted 7 L3+'s and PSU's. He paid me for 3 units in cash and 4 units in a combination of cash and money orders of varying denominations, dates, and issuers. I told him I could only give him the 3 that he paid in cash and I could give him the other 4 if/when the money orders clear. He said that's fine and left without even taking the 3 he paid cash for. I am to ship all of the units to him at the same time after the money orders clear. He said it wouldn't take more than a few days for the payments to clear. I called the WU and MG money order numbers and they seem to be valid MO's. There are 3 MO's from Memo Financial Services and when I try to look those MO's up, they don't seem to exist. I have all the cash and money orders and still have all the hardware. Am I being scammed?

LONG VERSION

I have been selling L3+'s and PSU's the past couple weeks. I sold a couple to a member here who picked up locally and paid cash. The rest that I've sold have sold on Ebay either through auction format or through arranging to pick up locally and received payment in cash also.

So I had one listing left on Ebay last night. The winning bidder messaged me through the Ebay system and asked if he could buy all of my remaining units in person at the same price and pay in cash. His profile listed him from being from Michigan. I'm located in New Jersey. We exchanged contact info and he texts me saying he will fly here on Sunday with cash to pay for all of the units and take them.

This morning, Saturday, I get a call from him saying that he will fly in today not tomorrow. However, he said he only has $10k in cash so can only buy 3 of the 7 units. He said we can discuss how he can pay me for the rest later.

He called me after he landed and I wanted to confirm that he only wanted 3 units. He told me he had a little more cash and enough money orders to pay for the other 4 units as well. I was reluctant but he said I could take a look at the money orders and then decide.

After he came to my place of business, I told him I could only give him the 3 that he paid in cash and I could give him the other 4 if/when the money orders clear. He said that's fine and left without even taking the 3 he paid cash for. I am to ship all of the units to him at the same time after the money orders clear. He said it wouldn't take more than a few days for the payments to clear. I called the WU and MG money order numbers and they seem to be valid MO's. There are 3 MO's from Memo Financial Services and when I try to look those MO's up, they don't seem to exist.

I now have more than $10k in cash and $11k in money orders and he doesn't have any of the miners or PSU's. Is there a chance that these money orders will come back as bad even if they initially clear? Anyone have similar experience?

Next time dont forget to check cancellation rules of this money trasnfer systems. Sender always has right to cancel ot re-transfer it to someone other.If you know his/her name you can check it on systems of payment order.