Scams Affect Disabled as More So Targeted

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Cashier's Checks are not immediate cash, even if the bank cashes the check and provides money straight-up. There is a waiting period of 5 - 7 days, depending on the bank, for the Cashier's Check to clear. The local bank sends the Cashier's Check to the Feds. Once in the Feds hands, the check is gone over to test for counterfeit and validity of the check.

This process of waiting for a cashed check to clear is more known in personal checks with the address of the maker right on the check. A Cashiers Check sent in a scam asks the consumer to cash the check and then wire the money overseas, or send serial numbers of Green-dot cards in a job scam, else ways. Victim loses money if sent away in this fraud.

Money too good to be true usually is. Rule One - Do not send or wire money or serial numbers. Research job opportunities thoroughly. If the offer or process seems honest after review with your supports and authorities, wait for the Cashiers Check to clear the bank.