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27 February 2011, 09:16 AM | #1 |
"TRF" Member
Join Date: Jun 2008
Real Name: Russ
Location: Dallas Texas
Watch: 5513
Posts: 2,124
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Fraudulent Use of Wire Information
Hi All,
I have bought and sold several watches on the forums via sending or receiving funds via bank wire. Never thought much of sending my wire instructions to a buyer (including my bank account number and routing number) - until I had a buyer back out on me today - after I had sent this info. I started worrying what this person could do with this information so I went to my bank and put certian controls in place - but I am still worried.... Am I worried over nothing? Can buyers with this info remove funds from a bank account? Is this a concern - or am I over reacting? Do you use a bank account that is set up strictly for watch transactions - instead of a primary checking or savings account? |
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