How to cash out TRAVELER's CHECKS???HELP???
By gambamarcela
@gambamarcela (1011)
Philippines
February 17, 2011 3:23am CST
Hey mylotters! I just received 2 mails yesterday. These are traveler's checks sent to me by someone. I'm not really sure about the company but my job is to cash them out in the bank and send the money to India to another person and I get a 10% share of it.Before I accepted this job, I already asked the employer if this is some sort of a scam or what. But he said that they are an international company where they sell products and sorts and the customers just sort of loan for the purchase. When it's pay time they send traveler's checks to other person and not as company since the tax is very expensive. I just want to ask if this is genuine or a scam because I don't get involve myself in swindling activity here.I swear! What do I do? I have contacted already my "employer" yesterday but I still have no replies yet. Do you have any idea of this?
4 responses
@FrugalMommy (1438)
• United States
17 Feb 11
Like everyone else here has already said, this is DEFINITELY a scam, and a very common one, too.
I think it's very likely the traveler's checks you received were fake. If you had cashed them, your bank might have accepted them. Once they realized they were fake, they would hold you responsible for paying back that amount. You'd end up losing about twice what the phony checks were worth. 
Is there a police agency you can take those traveler's checks to? I know here in the U.S. we can turn them in to the FBI or a local police department, and we can file a complaint with the post office because it's mail fraud.
I'm so glad you thought to ask for advice here before cashing those checks!!! 
Is there a police agency you can take those traveler's checks to? I know here in the U.S. we can turn them in to the FBI or a local police department, and we can file a complaint with the post office because it's mail fraud.
I'm so glad you thought to ask for advice here before cashing those checks!!! 1 person likes this
@gambamarcela (1011)
• Philippines
18 Feb 11
The Post Office? Why? I mean they are just receiving the checks without knowing the content,right?
@FrugalMommy (1438)
• United States
18 Feb 11
Right, but the United States Postal Inspectors investigate any crime that uses the U.S. mail. If there are several complaints made against the same business or individual here the United States Postal Inspection Service can take action against the sender.
@dreamy1 (3811)
• United States
17 Feb 11
Don't do it this is a scam. Why would you even think of doing this for someone you don't even know? This should be your first red flag that it's not legitimate. If they are a real company they don't need to email some stranger to cash travelers checks for them.
1 person likes this
@gambamarcela (1011)
• Philippines
17 Feb 11
It was stupid of me.Thank you so much for helping me out.I was doubtful really if I were to cash them out or not. I don't want to trade my freedom to money.Hell NO!!!!
@gambamarcela (1011)
• Philippines
18 Feb 11
Why have I been fooled by this.grrrrr!!! I hate myself for falling easily for this. I'm so gullible when it comes to MONEY!!!!HATE IT!!!
