When Property Flippers Go Bad !!

It never seems to amaze me how some people can have so much disregard for someone else. All in the name of a dollar.

This has been a common scheme for many years and we are left holding the bag.  It's a shame what people will do for the all mighty buck!

Mr Tony,

I believe that maybe I need to fly out there to investigate.

Nutsy

Hey Tony, I have heard of these types of scams -they never seem to run out of illegal ways to make money, do they? It's terrible.

Tony - I use to believe in Karma, and that folks doing evil deeds would get what's coming to them.  Then we started having bailouts!  Where's the justice???

I have to believe they will get what's coming to them someday

Tony,

I know there are lots of weird things that go on through Craig's List too. I have had some really weird stuff when I was renting some of my houses.

Unbelievable.

It never ceases to amaze me how corrupt some people can be.  Greedy!

Tony I heard about this a couple of years ago. It was happening a lot down in Florida.

Tony,

I do not know where it all goes but it is odd. A person will post a sale ad on Craig's or a rental listing, and then get Emails asking for the specifics, that were plainly in the ad.

Another scam, that happened to a guy I knew through Craig's, involved a car. He sold the car for some price. We will say 5k.

The buyer was "overseas", a corp exec, and moving to the US. The seller was sent a check for more like 7k. He called the buyer told him his company bookkepper had sent too much. The buyer told him to just put through the corporate check, and write a check back for 2K, not to worry. The seller did so and, shock of shocks, the corporate check bounced when it got back oversees but it took it longer to go through than the seller's check. Basically, car never left seller's hands but he lost 2K.

Unbelievable.  I would have never thought of that kind of thing!  There will always be scams, and this shows that truth can be stranger than fiction.

These types of scammers come out of the dirt every time there is a down market. We had them in Texas back in the late 1970s and early 1980s, and they were out here in the late 1980s and early 1990s. There will always be someone out there taking advantage of anything and everything.