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Beware of this scam when selling
In trying to sell my current boat, I came across this scam:
A supposed broker or similar agency contacts you about your boat and says they have a very motivated buyer who wants to purchase the boat immediately. They are willing to pay with a certified banker''s check. A banker''s check of course is one of the most secure checks you can get. Sounds good. They may even furnish you with a number and address.
The catch is that they want to write you a check which includes the price of the boat and something else such as tranportation cost which they want you to pay directly to the shipping company. They say you can wait until you receive their banker''s check first. It doesn''t sound too bad, a banker''s check is usually a very safe form of payment, paying the tranport company is small change and not to big a hassle compared to selling your boat and it''s difficult for somebody to sneak off with your boat without you knowing about it.
I''ve talked to a friend of mine in the insurance company and he has confirmed this sort of scam. Both the broker and transportation company (or what ever the other company is) are dummy companies complete with a voicemail or even real phone. The checks are fake, but before these clear or bounce you have paid the second dummy company out of pocket and that''s your loss.
It''s easy to tell this scam, because the second you refuse to pay for anything out of pocket or insist on waiting until the check clears, they will disappear.