In this episode of Scam Damn Nation, host Lillian Cauldwell explains how scammers exploit cashier's checks to defraud individuals. Two common tactics are used: one involves issuing a check for a large sum and not waiting for it to clear, leaving the seller liable for the amount when the bank rejects the check. The other method involves overpaying with a cashier's check and then demanding the excess amount back, resulting in a loss for the seller to both the bank and the scammer. Discover protective measures against such scams.
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Scam DamNation” is a podcast hosted by Lillian Cauldwell that shines a spotlight on scams while giving listeners practical tips to avoid falling victim. Through sharing her own experiences of being scammed and breaking down a wide range of fraud schemes, Cauldwell provides both education and awareness to help protect the public.
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