Stolen watch by Fedex Outlet at California Gardena

[Daryl]

Originally Posted by brandrea

Sounds like stall tactics to me.



You’ve dealt with him before using wire transfers ... how long did it take the funds to clear your account heading to him?



I deal in wire transfers frequently through the business and as long as the account code and swift code are correct, the funds transfer takes a day or two in my experience.

+1

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[gaoxing84]

Originally Posted by brandrea

Sounds like stall tactics to me.

You’ve dealt with him before using wire transfers ... how long did it take the funds to clear your account heading to him?

I deal in wire transfers frequently through the business and as long as the account code and swift code are correct, the funds transfer takes a day or two in my experience.

Yes. That's right.
Takes 2 days for it to clear.
That's why I am worried.

[cda555]

Originally Posted by brandrea

Sounds like stall tactics to me.



You’ve dealt with him before using wire transfers ... how long did it take the funds to clear your account heading to him?



I deal in wire transfers frequently through the business and as long as the account code and swift code are correct, the funds transfer takes a day or two in my experience.

Same. I send 10+ international wire transfers a month (from California), all over the world. Brazil, Italy, India, China, etc. I’ve never seen it take more than two days for the funds to appear in their accounts. The system I use requires accurate beneficiary address, bank address, account number, and swift.


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[gaoxing84]

Originally Posted by cda555

Same. I send 10+ international wire transfers a month (from California), all over the world. Brazil, Italy, India, China, etc. I’ve never seen it take more than two days for the funds to appear in their accounts. The system I use requires accurate beneficiary address, bank address, account number, and swift.


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Yes that's correct.
But he told me he used cash and the form that he used he tick cash as well.

I really wanna hope for the best.

[CorradoBrit]

Originally Posted by gaoxing84

He facetimed me 12 hours ago.
He told me he's checking with the bank. Not sure what's going on.
If it doesn't show up on Monday.
He will send it again.

You need to proactively chase this payment. Don't rely on what the seller is telling or showing you. Only way to be certain is contact branch YOURSELF and ask if the details you have are legitimate. Why would seller send you another payment if he did what he said last week. Wire transfer is one of the most certain kinds of payments, hence why sellers prefer this as mode of payment. Five business days is too long. I think this seller, for whatever reason, is giving you the runaround.

[gaoxing84]

Originally Posted by CorradoBrit

You need to proactively chase this payment. Don't rely on what the seller is telling or showing you. Only way to be certain is contact branch YOURSELF and ask if the details you have are legitimate. Why would seller send you another payment if he did what he said last week. Wire transfer is one of the most certain kinds of payments, hence why sellers prefer this as mode of payment. Five business days is too long. I think this seller, for whatever reason, is giving you the runaround.

5 business is told by the bank to him.
For international wire, even my bank told me, for certain banks, they go thru a few larger bank before arriving - 2-4 business day.

He facetimed me on Friday morning and told me face to face that he's going to check on Monday if it doesn't arrive, he will send the funds again

I should call the bank on Monday to check.

[MinMay]

Originally Posted by gaoxing84

He facetimed me 12 hours ago.
He told me he's checking with the bank. Not sure what's going on.
If it doesn't show up on Monday.
He will send it again.

He is playing game with you bro....killing time...

Just let him know you'll initiate a criminal record on him for LIFE....

[porschejeff]

Sounds very suspect to me.

[gaoxing84]

Is there any difference for international wire if he used cash?
I have no idea what's going on. It's Monday here in the late afternoon and I have yet to receive any funds.
I told him and he's going to the bank and check.
Giving me a update later.

[MinMay]

Originally Posted by gaoxing84

Is there any difference for international wire if he used cash?
I have no idea what's going on. It's Monday here in the late afternoon and I have yet to receive any funds.
I told him and he's going to the bank and check.
Giving me a update later.

He can only wire if the money is available in his account. There is no credit card transfer or pending cash, etc. If his account shows $100,000 available, then he can transfer all $100,000.

All you need to do is get the transaction # from him and YOU call the bank and ask them to validate. Why are you asking him to check? Did you check the previous transaction # from the 1st time with his bank? It's Monday midnight over here in PST time zone. The bank should open in 10 hours from now.

I'm sorry, but didn't you go through this from the previous incident? Lies after lies after lies.

[gaoxing84]

Originally Posted by MinMay

He can only wire if the money is available in his account. There is no credit card transfer or pending cash, etc. If his account shows $100,000 available, then he can transfer all $100,000.

All you need to do is get the transaction # from him and YOU call the bank and ask them to validate. Why are you asking him to check? Did you check the previous transaction # from the 1st time with his bank? It's Monday midnight over here in PST time zone. The bank should open in 10 hours from now.

I'm sorry, but didn't you go through this from the previous incident? Lies after lies after lies.

so right now, he went to the bank and the bank told him money was successfully sent out. however my bank did not receive any funds.
He told me to send him a pdf version of my bank statement in the month of may 2019 so he can bring it to Bank of Hope to check.

he claimed that he used cash wire as per the photo below, as the documents for wire.

So right now, my bank told me to get a form called MT103 from the bank that he used (Bank of Hope)
MT103 is a SWIFT payment message type/format used for cash transfer specifically for cross border/international wire transfer. - basically this will be the proof that he actually sent out the funds and if he can produce this to me, my bank can look for the funds.

if he is unable to produce this specific document from the bank (which they definitely have, it's a global standard for bank wire) to help search MY MONEY, then that's it, I will release the full information of this guy and will get a friend of mine in california, the same area to report to the authorities.
1. Wire Fraud
2. Forgery of Bank Official Documents

I hope for the best now because i don't want things to go bad - I NEED MY MONEY BACK.
So sick of waiting and waiting

Official Bank Wire and Remittance Document

[Bearxj86]

I would ask for a copy of his bank statement with the $13,500 being taken out. When you initiate a wire, you normally at least get a receipt or confirmation. The fact that he didn't send this is weird.

With Singapore banks - all wires that I have sent and received in the past have cleared within 1 day (just my experience). Singapore and US banks are very quick.

Originally Posted by gaoxing84

so right now, he went to the bank and the bank told him money was successfully sent out. however my bank did not receive any funds.
He told me to send him a pdf version of my bank statement in the month of may 2019 so he can bring it to Bank of Hope to check.

he claimed that he used cash wire as per the photo below, as the documents for wire.

So right now, my bank told me to get a form called MT103 from the bank that he used (Bank of Hope)
MT103 is a SWIFT payment message type/format used for cash transfer specifically for cross border/international wire transfer. - basically this will be the proof that he actually sent out the funds and if he can produce this to me, my bank can look for the funds.

if he is unable to produce this specific document from the bank (which they definitely have, it's a global standard for bank wire) to help search MY MONEY, then that's it, I will release the full information of this guy and will get a friend of mine in california, the same area to report to the authorities.
1. Wire Fraud
2. Forgery of Bank Official Documents

I hope for the best now because i don't want things to go bad - I NEED MY MONEY BACK.
So sick of waiting and waiting

Official Bank Wire and Remittance Document

[CorradoBrit]

[QUOTE=bearxj86;9634615]I would ask for a copy of his bank statement with the $13,500 being taken out. /QUOTE]

It was a 'cash' payment, although I have serious doubts anyone would be walking around LA with $13,500 in their pocket. It must have been withdrawn from a bank account at some point so why not debit the wire transfer directly from that account. There is just SO much odd behavior and activity by seller that the only explanation is the OP is being duped. Biggest red flag for me is that seller was offering to resend on Monday (did that actually happen?). WTF. Why would anyone send another $13,500?
OP I don't see why you can't call the sending bank. They can confirm you are the recipient and that you have a transaction number. You just need them to confirm the authenticity in the wire transfer system. Takes a couple of key strokes.

[BigBlue1]

Damn

[yOyOYoo]

Ouch, I am so frustrated for you OP. This type of crap makes me paranoid to buy or sell anything online of significant value.

[PRD]

I am sorry to the buyer here but the seller is scamming you. The longer he waits, it gives him more time for your funds to leave his account so you cannot reverse your original wire. Clever scammers know this, and after funds hit their account they use stall tactics for 5-7 days to get the funds out of the account and the account closed. In hindsight there are just far to many red flags here: deal for two watches turns into one, item shows up missing and was never scanned by an organization that probably is not even allowed to accept packages until they can scan them, then all this hassle with getting a wire that should take 24 hours. I am really sorry. I know all the above because I have been through it. And as many have pointed out, we keep trying to rationalize all these inconsistencies because we are hoping and praying that we did not just get scammed. But anyone on this forum will tell you that legit deals with legit buyers/sellers go smoothly, with some exceptions.

[HarryLime]

After post #37 of this thread, anyone who still thought the seller was legit... well, I have a bridge to sell you. If you get your watch or money back, I'll eat my hat.

[afnios1]

Is this 531 branch a valid one?Did you check it with this bank?

[gaoxing84]

Originally Posted by afnios1

Is this 531 branch a valid one?Did you check it with this bank?

Anyway I just found out where he works and all.
So it's the last chance for him to produce the form as proof.

[CorradoBrit]

Originally Posted by gaoxing84

Anyway I just found out where he works and all.
So it's the last chance for him to produce the form as proof.

Why haven't you called the bank direct yet? Thats the only sure way to know if you're being jerked around.

No details of the means of verification. ID? What ID? Section not completed.

[gaoxing84]

Originally Posted by CorradoBrit

Why haven't you called the bank direct yet? Thats the only sure way to know if you're being jerked around.

No details of the means of verification. ID? What ID? Section not completed.

i can't call the bank.
i am from Singapore. I don't think they're allowed to give you any information.

[Explorer2Guy]

I’m sorry to make this prediction but I expect that very soon the purchaser will be ghosted by the seller.

He sold you two watches and you gave him money for 2 watches.

One watch he admits not shipping despite receiving the cash but promised a refund you still don’t have.

The other watch turns out to be an empty box? And you want to think the shipper did that?

I hope I’m wrong because this has been painful to read. In these situations you have to say “what makes the most sense?” That the seller needs cash and is playing games, unfortunately.

[twinturb089]

So the seller filled out the form for the wire for for the bank and never submitted it to the teller. Bank of hope fits this story well.

[gaoxing84]

Originally Posted by twinturb089

So the seller filled out the form for the wire for for the bank and never submitted it to the teller. Bank of hope fits this story well.

but it was signed off by the teller and approved by someone in the bank.

2 scenario

Forged documents
or

if he can produce the MT103 form by the bank then he's good

[Gtecko]

why aren't you more proactive on this OP ?
this situation is getting out of your control very quick ...
let's call it May 6th for your pmt to be sent, late Friday (btw is branch 531 open past 5pm on a Friday ??
Today is 7 business days after the pmt was sent ... your money should be here already. I have never heard of an international wire transfer (for this amount) that would take this long nowadays.

[whatsthetime?]

I'm sorry to reply with such negativity, but c'mon OP, stop making excuses for this seller. You're buying any and every story this guy feeds you. Enough is enough now, please stop being so naive and do what you have to do instead of delaying this more and more which only works out to his advantage.

[Golf925]

Sorry to hear this. this is my primary bank, and I have wired funds many times before.. one thing I noticed missing is, purpose of remittance toward the bottom.
When I was sending money, bank always requested this to be filled out.. weather you are buying merchandise, gift , etc..
Also after transaction is done, bank always stamp with date on original and my copy as well.

[dan993]

Can you go into a bank and produce $13500 dollars and ask for it to be sent internationally. Money laundering might be abit of a problem no?

[kareemthedream33]

Originally Posted by dan993

Can you go into a bank and produce $13500 dollars and ask for it to be sent internationally. Money laundering might be abit of a problem no?

I've done this exact thing. I've produced cash and sent it immediately. As long as you're not doing anything wrong there is nothing to worry about and the bank will take it.

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[Vaxe]

Looks like the seller just deleted his LinkedIn profile too, can’t be good