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Escrow Services Gone Bad
Written by Benjamin A. Hunter   
Monday, 08 December 2003

I came across this article that warns people of the dangers of transferring money over escrow services. Escrow is a "middle man" when it comes to wiring money over the internet. They cite specific incidents that people have had with fake escrow services. Check it out.

"SENDING $10,000 or more to someone you’ve only met in cyberspace could — and probably should — give anyone a case of the jitters. But consumers who don’t want to miss out on great Internet automobile deals eventually have to take that leap of faith. Unfortunately, many are finding out that when they take that leap, their money just disappears."

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Last Updated ( Monday, 08 December 2003 )
 
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