Hey guys, I have my 993 for sale and have been having very strange e-mail communicatins from a guy named Gannay Moore. Anyone recognize him? The first e-mail had an address from Luxury Motors saying he had a client interested in my car. Never heard back from him for about 3 weeks and then he says the check is in the mail for the full asking price plus $4500. I am supposed to deduct the $4500 and wire it to the shipping company. I told him I would not release the car until the check cleared the bank. Every time I e-mail him to ask for details, he sends back like a "form" e-mail, that is a copy of an old e-mail that I have sent him. Anyone run into this before. All e-mails after the first one have an e-mail address of "gannay_5000@yahoo.com What do you make of it? If I receive a check and it clears my bank, I will be glad to sell my car to who ever.

 

Luxury Motors has a terrible reputation. Be careful.

 

Land Jet, I work for the largest enclosed auto transporter in the country and we NEVER demand money wired to us or prepaid for shipment. We pick up and once we have the car , we have a lien on it. Cash, certified funds or credit card will release the vehicle. This sounds fishy. Kevin

 

Yeah, I've heard a lot of bad stuff about LM. I haven't had any transactions with them though so don't take my word for it.

Another thing, if Gannay Moore is a LM employee, he should at least use a @luxurymotors.com email address or something like that because he is dealing under that company.

And yes, don't give the car until you have the money.

Regards,
ErikV10

 

Sounds like a scam to me.... Why would you pay someone "extra" and expect them you pay you back?!

 

It's a scam. You deposit the check, then wire the money. The check bounces and you're out the money you were supposed to wire for shipping. They're just counting on you to wire the money before the check bounces.

 

SCAM!!!

Look at the 4th email from the bottom on this website - same guy!!

http://www.classiccarfair.com/scamalert.htm

and this one:

http://www.herps4sale.com/forum/showthread.php?p=2137

and this one:

http://forums.stangnet.com/archive/i.../t-701563.html


simple google search of his name turned these up. Run away! Run away!!

 

If I remember right, usually this type of check 'clears' then is pulled at a later time.

This is how so many people have gotten 409 screwed.

 

Great find, Jeff!

 

Yeah, I wasn't sure how the mechanism works. The constant is that the victim is always screwed out of the difference.

 

Jeff, thanks alot for the tip. I owe you dinner if we ever meet. This could have cost me. Only thing I don't understand is, how can they pull the check at a later time if it has cleared my bank? Any bankers on here?

 

no problem.
Happy to help out a fellow 6speeder. It's what this place is all about.

BTW - I'll stop eating now so if we do ever meet, I will be REAL hungry

As far as the check clearing goes, just because your bank made the funds available a couple days after you deposited it doesnt mean the check is good. The scam works because the issuing bank determines, sometimes weeks later, that it is a forgery and you are then out the money.

 

haha deffinately scam!!! but how can the check clear and then they yank it ? how does that work?? what if when it clears u can cash it right away...

 

Dont confuse your bank releasing the funds with the issuing bank clearing the check. If the issuing bank bounces the check, they go to your bank and get their funds back, then your bank takes it from your account. I guess you could cash it and run, but it better be a lot of money to make it worth being a fugitive.

 

What happens is the bank will show your acount credited because of your good standing but when it turns up fake they will come after you...and JUST because it may appear on your balence DOESN'T mean you have access to it...they are just reflecting your deposit. It's usually a out of county or state cashiers check and then up to a couple of weeks later....they find out it's fake. The scam works because people see the new balence reflecting the amount deposited.....so they believe the transaction is complete....only to find out later they are screwed.

Chris