Detroit Steel

I'm a huge fan of Corvettes, but I've never quite considered one worthy of a Citizens Merit Award. However, this C6 convertibe might be well deserving of the accolade.

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Gxpz06

Im confused.. how does a check "Clear" and then its found out later is a fake ?! they said the loan was paid off too,. how is this passed thru all these hoops without Certified funds which is like cash...

ExRedRacer

Happens all the time. Google "Nigerian Scams" for more information.

Gxpz06

long time ago BEFORE this was even know or able to be on Google.... I had same incident selling my Shifter Kart back in 2002 ... this was NOT known back then But I did due deligence and suspected and had bank make sure it Cleared "CLeared"... after a few days they found out it was a illegal "but real" check from a bank (inside bank job ?!) .....

so why Im "confused" is how the Lien holder and the transacting bank Neither MAde sure it cleared "cleared"....

MChilders

The "Buyer" sent the cashiers check directly to State Farm Bank. He even gave us a UPS tracking number for the check. Once we saw that the check had arrived at State Farm Bank, I called to verify that they had received it and requested that they verify that it was a valid check - because I'd heard of these check scams and I was concerned- I told the State Farm Bank clerk that. She put me on hold telling me that she was contacting the loan processing department and came back telling me "it's a cashiers check, it's guaranteed. You'll be getting the overage check in the mail within 2 business days". I thought everything was fine so I released the car. Our account was "Zero'd" out on Friday the following day - again we thought everything was fine. It wasn't until we got a call from another Corvette buyer, on Sunday morning, that they saw our car on Craig's list in Chicago for $30,000 cash vs. the $42,500 we sold it for - we were sure something was up after that. And, they used pictures of the car from my garage. Monday morning we requested a copy of the check from State Farm Bank after calling the bank noted on the front of the check found out that it was fake. In fact there were 2 different banks noted on the check Capital One on the front and BMO Harris on the back. State Farm Bank never actually verified that the check was good as I was told. Just the fact that there were 2 different banks on the check should have made someone question but, they just passed it right on through. With the quick work and collaboration of the our State Police, the Chicago Police and NICB, they had arrested 2 people and retrieved our car, virtually undamaged, the following Tuesday. We drove up to Chicago on Thursday and drove her back home were she's going to stay!