Mugu Bucks

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Posted: Tue Jun 19, 2007 4:58 am

@Rael: one thing to keep in mind: you have no control over what happens to the check after you send it. It's possible that the lad would know it was a fake, but try to use it on a real victim.

Posted: Tue Jun 19, 2007 5:52 am

What exactly is the bank doing when it takes its sweet time in 'clearing' a cheque Question

I must admit I was a bit surprised when I first heard about some pastor in the States having the cheques come home to roost after the bank had cleared them. Seems an implied agreement that the money is legit if you ask me. Obviously it isn't.. so what are they 'clearing'?

Posted: Tue Jun 19, 2007 5:58 am

Quote:

Check this out peeps - my girlfriend just got a check from Canada

Quote:

LOL It wasn't stolen; it was made out in her name; a bank draft! Laughing

Something tells me that he isn't worried because he has someone to take the fall for his "party time" activities from a phony $65,000. Oh well, if someone is that willing to cash a phony check from a money laundering scheme that is made out in someone else's name, pehaps a few years with Bubba would do him some good.

Posted: Tue Jun 19, 2007 7:30 am

Rael wrote:

Granted (and LJ was obviously joking), but couldn't that be circumvented by providing the check's sender with the address of the other mugu? Somebody being tricked once (as the persona would be) would presumably be naive enough to be scammed multiple times at once, so it wouldn't be an extreme logic for them to take on one scam to make quick cash through checks to get the funds to get the inheritance from their unknown Nigerian ancestor.

Interesting idea; Is anyone in the market for a high dollar check to pay off a mugu? Razz

Posted: Tue Jun 19, 2007 7:44 am

~GordonBennett,

LOL If you only knew what a person has to go through to get the Authorities to do their job!!! Trust me, that check is for real and if we didn't intervene then another EVIL B* WOULD GET AWAY WITH GRAND THEFT OF $65,000!!!!!!!

Posted: Tue Jun 19, 2007 7:55 am

Q: What are people called who deliberately waste other baiters time?

Posted: Tue Jun 19, 2007 7:59 am

Mugus.... technically Laughing

Posted: Tue Jun 19, 2007 8:22 am

<sniff> <sniff>......... "whats that smell?"

Posted: Tue Jun 19, 2007 8:25 am

Don wrote:

Q: What are people called who deliberately waste other baiters time?

No idea, but apparently they don't exist and all refernces to them have been deleted from the FAQ... Wink

*Sits back, gets some ice tea and waits*

Posted: Tue Jun 19, 2007 8:34 am

Quote:

What are people called who deliberately waste other baiters time

well personally, idiots.
to all those who suggested sending the cheques to lads, even if it was a joke, the main reason is that we are simply then giving the lads another bit of kit to dupe innocent people with.

Posted: Tue Jun 19, 2007 9:25 am

Don wrote:

Q: What are people called who deliberately waste other baiters time?

Apprentices? No, probably not as they are in the process of learning a new and useful skill.

Oh, well. It's been a long day and methinks it's time for a beer.

Posted: Tue Jun 19, 2007 9:35 am

Hey Mind Freak - my old mate. You couldn't lend me a
few $$ could you? I'll come and visit you in prison in return. Smile

LN

Posted: Tue Jun 19, 2007 9:42 am

Sure thing Nelson - gimme your fax number and you can make all the copies of this mugu check to your hearts content Razz

Posted: Tue Jun 19, 2007 11:34 am

@GB: I don't know how long it takes checks to be fully processed in other countries, but in the US there is a law that deposited funds must be available to the account holder within ?5? business days (not sure of the time but it's too short for processing in many cases). The unintended consequence is that the funds are released, then weeks later when the check bounces, the bank comes after the depositor for the money.

@MF: Why don't you post a scan here?

Anyone seen Fluffy?

419Eater is my life Joined: 07 Apr 2006 Posts: 441

Don wrote:

Q: What are people called who deliberately waste other baiters time?

Trolls, maybe?

Posted: Tue Jun 19, 2007 1:14 pm

Mind Freak has assured me that the cheque is part of an �ber-secret undercover operation involving the "Canadian authorities", the "USPS" and "the Postal Inspecter" against a target that "actually monitors this site from Japan"; hence the secrecy.

I'm glad this has cleared up and Mind Freak (who has been baiting scammers for decades) succeeds in his quest to rid Canada of scammers. Any time-wasting was purely effect of the circumstances which didn't allow him to let us know the full scale of his elaborate scheme. Because "That would negate the whole purpose of being "UNDERCOVER" wouldn't it?"

SOFT LOCK! Very Happy

Hello I'm New here! Joined: 08 Apr 2007 Posts: 10

Barry Kelly wrote:

@Rael: one thing to keep in mind: you have no control over what happens to the check after you send it. It's possible that the lad would know it was a fake, but try to use it on a real victim.

I'd assume a mugu's first impulse at receiving a check for a large amount wouldn't be thinking they could pass a large check in someone else's name to their other victims, but that they could cash it and make a quick buck.

The lads would presumably be trusting the baiting persona enough to believe the check was good, and so they'd have no reason to pass actual money onto the victim. The way I see it, the thought process would run like this:

1. The "victim" (aka, the baiter) has money. (Every legitimate victim does.)
2. The check, therefore, would be good--no legitimate victim (ie, non-baiter) would send a bad check to somebody they're hoping to rake millions off of in the near future.
3. It makes no sense for the lad to send real money to another real victim.

Besides, if nothing else, an African baiting persona stolen from a mugu could lead to an interesting mugu-versus-mugu showdown at the end of a safari.

I'd say the only really safe way to do this would be to stick to exceptionally dumb mugus, but I think the fears of this leading to more check baiting are pretty unfounded. If a lad's going to send fake checks, they're going to send them regardless of whether they were forwarded.

Posted: Tue Jun 19, 2007 1:41 pm

They may try to cash the cheque or they may pass it on to a victim, it's not worth the risk.
Most lads aren't going to use cheques as they cost money to forge or need to be stolen. By passing on a cheque to a lad you are significantly increasing the chances of innocent people getting screwed over (they could use it for a template to make more).

Quote:

It makes no sense for the lad to send real money to another real victim

Yes it does, cheque mule scam, as the money isn't real and the lad may very well work this out.
There is no 'only use this with dumb lads' theory as it can be very hard to judge sometimes how dumb a lad actually is. Its simply a very bad idea.
Don't do it

Posted: Tue Jun 19, 2007 1:50 pm

Hell yes I was joking! The only thing I've ever sent a lad was an envelope with Canadian Tire money in it. When I get into the cheque scams, I just have them send the fakes straight to the RCMP and be done with it.

I have had no success baiting the cheque guys. As soon as they start with the cheques, they're boring as all hell. Same thing with date scams really - too much work.

Posted: Tue Jun 19, 2007 1:52 pm

Seven of Nine wrote:

Apprentices? No, probably not as they are in the process of learning a new and useful skill.

Oh, well. It's been a long day and methinks it's time for a beer.

Ack but my wonderful mentor, you said i was doing good, did last night mean nothing to you, and why havent you called back..... Twisted Evil

mmmmm beer sounds good.

Posted: Tue Jun 19, 2007 2:44 pm

The first post was preposterous - as if no one noticed !

Money laundering itself is a crime irrespective of whether or not the actual instrument involved is forged. In fact its genuineness makes the money laundering actual, instead of intended with attempted fraud.

Try paying in $1,000 cash into your account and put money laundering on the paying in slip and watch your life turn into hell. As well as having your account closed and assets frozen, you'll be speaking to scarey people whose organisations are known by acronyms and place the burden of proof on you.

Don't ever mention money laundering and your account in a Bank - you'll regret it. Wink

Posted: Tue Jun 19, 2007 2:47 pm

@Gomer, I thought we weren't supposed to educate the lads like you've just done.... Laughing

Posted: Tue Jun 19, 2007 3:17 pm

Quote:

Try paying in $1,000 cash into your account and put money laundering on the paying in slip and watch your life turn into hell.

Spoken from experience Gomer?

If you're looking for fun, why not tell airport security you have a bomb in your carry-on. Or better yet, put a towel on your head and try to drive a van past the White House while screaming "Allahu Akbar".

If you get in trouble, just tell the authorities you're a baiter and all will be forgiven.

Posted: Tue Jun 19, 2007 6:25 pm

GordonBennett wrote:

Seems an implied agreement that the money is legit if you ask me.

This is exactly why the scam works. Victims assume that once they see the money available in their account, it means that the cheque has "cleared". As ratter pointed out, this is incorrect.

The bank is required by law, depending on what country you are in, to make the funds available to the depositor in a timely manner. When the funds hit the account, the bank is giving you provisional access to the money. Provisional access is pretty much like a loan. The money is yours, provided that the cheque is good.

As I mentioned earlier, it can take up to 6 months for a cheque drawn on a foreign (to you) bank to bounce. When it does, your bank will reverse the credit they put into your account. If there isn't enough in the account to cover the cheque, the bank can and will come after you for the money.

Posted: Tue Jun 19, 2007 6:39 pm

Losst Jedi wrote:

I have had no success baiting the cheque guys. As soon as they start with the cheques, they're boring as all hell.

Not all the time. Click on the audio links in this thread (but please don't necro it). These were voicemails from some angry mugus who sent me a fake check, and then got upset when their dollar got "chopped".

http://forum.419eater.com/forum/viewtopic.php?t=105208