Someone bought something I was selling online and sent me a check or money order for more than the price of the item. They asked me to send back the difference. Should I be worried?
Yes, this is a common scam. Alert your bank or credit union and the online auction site or marketplace. Do not send any money to the buyer.
If you deposit a counterfeit money order, you will not receive any funds or, if the funds are deposited, you will have to pay them back even if you have already withdrawn them from your account. Alert your bank or credit union if you believe you received a counterfeit money order.