10Realty.com has taken safety measures to prevent scam e-mails from being delivered to our listings' e-mail boxes. For example, all e-mails from outside of the USA are automatically scanned and blocked by a filter. Please be AWARE, however, that as a seller, you will need to use your good judgment in deciding if the e-mails received are valid responses to your ads. If the e-mail sounds too good to be true, it most likely is. For example, it is not realistic to think someone wants to mail a cashier's check to you to buy your home just because they saw a picture of it online. NEVER send your personal, bank or mortgage information to anyone!
Warning for Sellers
Is the email I received a scam?
What if you receive an offer
How can I protect myself?
Check Overpayment Scam
Example e-mails received
Contact the Federal Trade Commission
Use caution when replying to email requests about your property for sale. If it looks suspicious, immoral or illegal, it probably is. You should definitely raise a red flag if...
If you received an email that may be a scam and you are tempted to respond to the offer, stop and ask yourself important questions:
The "Check overpayment" scams target consumers selling their homes or other valuable property through classified ads or online auction sites. A potential buyer offers to buy the property with a cashier's check, then comes up with a reason for writing the check for more than the purchase price for the item. The scam artist will ask the seller to write a check or wire the "difference" in the purchase price.
Later, the scammer's cashier check bounces, leaving the seller with a big loss. The FTC says although the checks are counterfeit, they may look real enough to fool bank tellers.
Many scams originate out of the country of Nigeria because the Nigerian Government does not actively enforce laws to prevent scam and when they do, the punishment is equal to a mere slap on the hand. Scamming is big business there! Many young internet savvy Nigerians have made it their "job" to steal money from niave Americans by scamming them.
The Nigerian Scam, also known as the Nigerian money transfer fraud, Nigerian advance-fee fee fraud, or 419 scam named after the Nigerian Criminal Code that it violates.
Consumers have told the Federal Trade Commission (FTC) they receive dozens of email offers politely promising big profits in exchange for help moving large sums of money out of their country. Many compassionate consumers continue to fall for the convincing sob stories, the extremely polite language, and the promise of receiving money.
» How the Nigerian scam works: The scammer claims to be either royalty, a government official, civil servant, doctor, banker, business person or the surviving spouse of one of the above. These con artists offer to transfer millions of dollars into your bank account in exchange for a small fee. If you respond to the initial offer, you may receive "official looking" documents. Typically, you're then asked to provide blank letterhead and your bank account numbers, as well as some money to cover transaction and transfer costs and attorney's fees. Inevitably, though, emergencies come up, requiring more of your money and delaying the "transfer" of funds to your account; in the end, there aren't any profits for you to share, and the scam artist has vanished with your money.
Consumers who have been victims of the check overpayment scam or other fraudulent activities should file a complaint with the Federal Trade Commission (FTC):
The people sending these emails are scam artists and will not think twice about scamming you out of your money, your home or your dignity. Please DO NOT REPLY to their emails. Use your common sense in deciding if an email is legitimate or not.
Consumers who have been victims of the check overpayment scam or other fraudulent activities should file a complaint with the Federal Trade Commission (FTC) at www.ftc.gov
Please note that these scam responses are not unique to 10Realty.com. Any internet site with classified ads is a potential target especially sites with a high amount of traffic. 10Realty is not responsible for the outcome of any transactions due to advertising on www.10Realty.com. We advise you to use caution when replying to e-mails.