Hey!
I’m selling a piece of jewelry on this forum. The buyer wants to send me an e-transfer before I ship it via Canada Post. It’s a pretty big amount - $2200.
So, if I can see the full amount in my account, am I safe from being scammed? Or is there still a way for them to reverse the transfer?
Sorry if it’s a silly question, but this is my first time handling this much from a stranger.
Thanks and have a good Sunday!
Don’t do it.
Deals on this forum should be cash only, in person, unless it’s something small. For $2000, there’s too much risk.
Cruz said:
Don’t do it.
Deals on this forum should be cash only, in person, unless it’s something small. For $2000, there’s too much risk.
Are you sure that’s how it usually works? I’ve heard people say receiving the money can still be a problem if it’s from a hacked account.
@Luca
Yep, it can be risky. Even if the money shows up, it might come from a stolen account.
Would you buy $2200 worth of jewelry from a stranger without seeing it in person? Doesn’t make sense.
Sloane said:
Would you buy $2200 worth of jewelry from a stranger without seeing it in person? Doesn’t make sense.
Right on lol.
Sloane said:
Would you buy $2200 worth of jewelry from a stranger without seeing it in person? Doesn’t make sense.
But…but…the internet is trustworthy, right? 
Sloane said:
Would you buy $2200 worth of jewelry from a stranger without seeing it in person? Doesn’t make sense.
Nothing beats cash in hand. Plus, those new bills are pretty cool.
Sloane said:
Would you buy $2200 worth of jewelry from a stranger without seeing it in person? Doesn’t make sense.
Thinking things through in 2024? Wild concept!
Sloane said:
Would you buy $2200 worth of jewelry from a stranger without seeing it in person? Doesn’t make sense.
Yep, 100%.
My friend tried selling a guitar this way. The buyer sent too much money by e-transfer and convinced my friend to ship the guitar and return the extra cash. A week later, the transfer got reversed because it was sent from a hacked account. My friend ended up losing both the guitar and the money.
Would you send $2200 to a stranger for jewelry you’ve never seen? Feels like a scam. Stick to local, in-person deals, and do it in a public spot.
Archer said:
Would you send $2200 to a stranger for jewelry you’ve never seen? Feels like a scam. Stick to local, in-person deals, and do it in a public spot.
Maybe even meet at a police station, cameras everywhere.
@Gale
Haha, with a whole squad there, making sure the jewelry is safe.
There’s a risk, especially if someone’s account got hacked. If they report it to the bank, the transfer might be canceled, and you’d lose both the money and the item. Maybe hold off on shipping for a couple of weeks to see if anything happens.
@Riley
But what if it’s a legit transfer?
Banks do reverse fraudulent transfers if the real account owner didn’t approve them. Super common scam; it’s all over the news.
Please stop with the bad info. It’s easy to confirm that banks can reverse fraud transfers.
Seems odd that you can’t find a local buyer for it. And why would someone spend $2200 on jewelry they haven’t even seen?
Westley said:
Seems odd that you can’t find a local buyer for it. And why would someone spend $2200 on jewelry they haven’t even seen?
Not really strange. It’s a watch, pretty common to sell online. But yeah, I get the concerns.