Friday, October 3, 2008

Don't get scammed with a fake money order

Once good as gold, the money order has been tarnished by a new generation of fakes so realistic that even banks can be fooled. Here's how to protect yourself.

By Bankrate.com

Don't be stunned if you try to deposit a money order and find a hold has been placed on it, tying up your funds for days. Try to cash it on the spot and the bank might refuse if you're not a customer. If you are a customer, you may be asked to deposit it and wait for it to clear.

Read the whole article

No comments: