Sunday, August 7, 2011

Craigslist San Diego Fake Money Scam

Scammers are starting to prey on Craigslist users in San Diego again with the latest scam that involves fake money. This isn't anything new but it is still very damaging to the victims and they might even be caught for trying to use the fake money which they don't know about.

This is a classic deception scam with the aim to exchange fake money with items that can then easily be resold to regain the value of the bought item. The scammers will usually choose items like electronics that can be liquidated fast and also retain its value well in the short-term.

The scammer will just browse through his edition of the San Deigo Craigslist and spot highly saught after items, most would be Iphones, Ipads etc which they know they can re-sell on very quickly. The price doesn't matter because obviously the money they are going to use to buy the item will be fake with no real value.

They will call the victim and set up a place where they can meet which is very public like a mall or park where the scammer can "inspect" the object and follow-through with the transaction. Since the victim won't be a banker or anyone who is an expert at handling money he/she probably won't know its funny money until it's too late. A mall or a park also gives the scammer a quick way to blend in to the public and get-away should the victim find out quickly that he has been given fake money.

Craigslist users in San Diego are advised to be very careful with transactions. We recommend that they learn how to tell fake money from real and take the time to study the notes carefully to avoid being scammed.

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