UPDATED: Friday, April 13, 2012 - 9:54am
BRAZOS VALLEY -- A recent scam has hit the Brazos Valley and some people have already fallen victim to it so the Better Business Bureau is urging you to be on the lookout.
The "check cashing scam," as it's called, usually targets online buying websites like Craigslist or E-Bay.
President of the BBB, Bill McGuire, says scammers will often times buy a product online and mail a check to the seller for more than what the item was priced.
They'll then tell the seller to go ahead and cash the check then wire the remaining funds back to them.
That's when you get scammed because you'll later find out the check you cashed was a fake and you're out the money.
"Wire transfers are almost instantaneous," said McGuire. "Once they are received at the receiving bank they are as good as cash so that person, whom you've never met, now has $2,000 of your money."
McGuire says if you think a check you receive might be questionable go ahead and take it into your local bank and have it verified before you deposit it.
He also says you should never wire transfer money to anyone.