Reply to "Pantera purchase scam, Walker Presler buying up cars@ full price +..."

This happened to me years ago. Checks all clear electronically, so as long as there are funds in the account, it clears. At some point, an accountant will notice the account balance is “off” and will start digging. They will then discover the phoney check. That could take 6 months or longer. In my case, the account belonged to a large company and even the signatures on the check were close but the name had been changed. Apparently, the scammer must have gotten his hands on a real company check because it was identical in every way, except it had his name on it. Luckily, my Bank caught it immediately. Rather than wait for it to clear, they called the Bank to confirm funds and to make sure the check was real. That’s when the scam was exposed.