Monday, April 25, 2005

Qchex

Rumor on the streets has it that Auction Fraud, often done on E-Bay, Craig's List etc. has a new twist. Dupes, or Fraudsters pretending to be Dupes are taking advantage of a new service called "Qchex". Listed below is the "Qchex" security policy:


"Qchex provides one of the world's most popular ways for anyone to present checks and invoices over the Internet. The speed, economy and attractive features and capabilities benefit almost everybody, from personal users making an occasional transaction on an auction site, to large companies handling volumes of checking and invoicing transactions every day. As a convenient online finance manager and check/bill delivery service Qchex does not endorse, guarantee, verify or investigate transactions undertaken by its Members. "

Fraudulent items from Qchex are being passed at Banks and Check Cashing Stores throughout the United States.

Note the "Qchex" disclaimer, which states that they do not endorse, guarantee, verify or investigate transactions undertaken by its Members.

Of note, I was told by a person employed to investigate fraud that "Qchex" will not return his calls regarding certain items he is investigating.

I would recommend verifying everything before accepting one of these items, or depositing it into one of your accounts. You can view their website at http://www.qchex.com. Note the availability of "magnetic ink" cartidges intended for home use. In the past this was very difficult to accomplish and one of the key signals of a counterfeit was that the check didn't have it. Not anymore, I suppose.

8 comments:

rlcarolyn said...

I received 5 checks from this one client and I feel very stupid about about this, but I had no Idea that this could happen. I deposited the first check in my bank and they said it clearedI withdrew money to pay my bills. I then took another one of the checks in to deposit and found out that it did not clear but was fraudulant. They asked me to bring in all information and conversations I had with the person who sent me the checks. I gave them all information and they called the police and I was pre-booked for Fraud. They had no idea about Qchex and was blaming me for the fraud even though I gave them all information showing I was innocent. I am still waiting to hear from them. This happened in January and it is now June. I am glad to see that there is information out there about Qchex now and their evil ways of doing business and not protecting the clients or the people receiving these checks. And I hope no one else will go through what I have gone through.

If you where contacted or received a check via email or regular mail from Qchex we need to get together and sue this company? They know what is going on and they are letting fraudulent scams hurt both the owner of the account and also the person receiving the checks. Please email me! Together we can stop them for letting this scam go on, there are lots of people responding so let’s all come together and sue this so called company.
rlcarolyn@msn.com or krubious@msn.com let us know your nightmare!

jp said...

This just happened to me as well and it is absolutely unnacceptable that this type of blatant scam is able to conitnue causing innocent people such grief and heartache, not to mention the experience of falsely being arrested! I read that one person had this happen in January but it is now July! It simply can not be true that anyone in authority investigating or at the financial institution has not encountered this obviously fraudulent part of Qchex! I too could not ever get anyone on the telephone or to call me back! It is sad to say but in this day & age, there isn't anyone who should be in any way shape or form in authority who blatantly ignores the victims of these types of crimes. In fact, they add to the growing crime called IDENTITY THEFT out of sheer blindness to what is in front of them or shown to them. It seems to be too much effort to protect the victims when these corporations who I suspect are more to blame then most of us even know for the growing crimes over the past few years. They have access to peopele's personal information & actually do not protect it in the manner that is necessary in this day & age! Who is going to be there caring or thinking about the victim or how they can recover form such a devastating sitaution. How can no one follow through and not find the thing called "Proof" needed when judgement is being passed upon a victim who is awaiting their "protection & serving of an investigation"? When the investigator assigned to a Qchex situation actually never speaks to anyone because they don't return a telephone call even to them, but chooses to assume the victim is the guilty party even after proven otherwise, I have to say to anyone who reads this, do something! It might not be this scam or it might not even happen to you. But from a person who has experienced this and has had to learn how difficult it is to protect yourself AFTER it happens and to actually recover from it, but then the possibility of being falsely seen as party to anything fraudulent is a victims greatest fear. In my experience I did not receive any assistance or advice from the authorities. In fact, I had to learn about victims assistance programs on my own, not from anyone who bears that burden of assistance to their victims they come across on a daily basis. If my experience can halp another person in need or from falling victim to this, I can only say please get in touch with me and let's all try to remind these corporations and people in authority positions that the innocent victims to crimes that go unresolved is unnacceptable. When did people forget about people and how their lives can be influenced or affected by AN ACTUAL CRIME commited against them. Or simply one that they innocently fell victim to. We assume Qchex must just be too busy to return a telephone call right?

From my lifes experiences and my education I do know what those in the positions to help need to hear. It is money. Get together and let's sue this Qchex because truly then those same investigators and corporations have no other choice but to listen and act! Luckily there are forums such as this where people can air their experiences and reach out to others who have experienced the same thing. That definitely renews my faith in humanity!However, I can only say this one thing to anyone who reads this and can hear me...Where is the humanity in those people who sit in the seat of authority and actually ignore what is clearly evidence which proves innocence but they are overlooked by a corporations who can not even return a telephone call to an investigator. I personally would like to become that decision maker's boss and immediately fire them for sheer stupidity and lack of competence. An investigator is supposed to investigate, even if it takes a little WORK to fight for the rights of the victims they are supposed to be protecting. I know they are not blind to the fact that today, most of these "criminals" who commit this types of crimes try to not get caught so they hide under the corporations or try whatever they can think of to avoid suspicion. But what about the victim? The process takes a long time and in the interim the victim only continues to get victimized when not heard and guided to the programs set up to assist them. The police and higher authorities have a duty to provide that information. The help is out there if you know where to look!

Anonymous said...

I just had this happen to me last week. I sold an item on Audiogon and the person that bought the item sent me a check from Qchex. I deposited in my account and everything looked good. The check was for more then my asking price and this person asked me to wire the additional funds to friends. I did so because I had never heard of this before and my bank cleared the check. Well after I wired 4,206 to his friends, the check was returned. I have become depressed and don`t know what to do. I have filed a report with the local police department and talking to anyone who will listen. I think Qchex should be held accountable for this. They are part of this fraud scam. Thanks for listening.

Michael said...

feel incredibly foolish and naïve. I was taken advantage of just recently for the sum of $3779.09. That’s hurts.



Mine was a ploy from careerbuilder.com. A so-called Software company out of Paris, France contacted me by e-mail asking to be a broker of sorts. They wanted me to handle the money from their software sells in the US.



Basically, they would make a sell in the US and the client would send the payment to me in the form of a check, cashiers check, or money order. I would deposit the check into my personal account, wait for it to clear (approximately 2 days), and then transfer the money (less 10% for the commission they paid me) via Western Union to an address in Europe.



I was very skeptical and even consulted an attorney. The software company even sent me an agent contract. Everything appeared legitimate. My attorney didn’t couldn’t see any liability (of course we weren’t looking at Fraud as a liability), so I agreed to do business with them. 3-4 days later I received a $4,198.99 check in the mail from a lady in MN. The check had an “Welcome to Qchex.com” note with some information about visiting their website and provided customer service numbers. The check appeared to be real. It was on a special stock, had all routing and account numbers, and was even watermarked. It was in color and did not appear to have been printed from an inkjet printer. It looked real to me.



I deposited the check into my personal account. It cleared 2 days later. I gave it 1 more day just in case. The funds held up in my account, so I notified the software company and they gave me instruction to Transfer $3779.09 of the $4198.99 to an address in Vienna, Austria via Western Union. I thought this was a little weird, especially since it was a different address than the previous week (they asked me to send to Budapest, Hungary the previous week but I had no funds to send them at the time), but I was more concerned about hanging on to money that wasn’t mine (e.g. the $4198.99). To me the money was real and was sitting in my account.



I made the Western Union transfer in the amount of $3779.09 on the 5th of August. The funds were paid out in Vienna, Austria on the 6th of August at 7:39 am.



On the evening of the 6th I noticed my bank account in the red. My bank (Bank of America) had put a hold against the $4198.99. I called and found out the funds were not valid. I talked with them for awhile and they told me there was nothing they could do and that it was a Legal matter. They went on further to say that they share no liability and that they always grant me access to funds even before they are verified (this is false, because I have a business account with them and all deposits to this business account always delayed a week or so). Still they were unwilling to help in any way. I have since e-mailed the Software company. I have heard no response and they usually respond within 24 hours. I have called bank where the $4198.99 were sent from. They told me that the owner of the account is the only one that could call them and talk on behalf of the account. I called the banks (TCF National Bank) check verification service and had no luck. It said the Bank account was invalid.



I tried calling the person whose name is actually on the check and ended up leaving a voicemail on a general voice mail box (person was listed on whitepages.com)



After reading about this qchex.com company I am surprised that they are still in business at all. Is there any class action suits open against this company yet.



How can I help?



Michael Ortega ß “Sucker”

Anira said...

Thank you guys...It is very possible that you may have saved me $4500.
A "UK" customer is supposedly about to rent a home from me. The security deposit and first months rent is $4500.
I have received a signed (looks digital) qchex in the amount of $9000. The qchex is supposed to be drawn from another person's bank account in NY.
The remainder 9000-4500 = $4500 I am supposed to wire to another person for furniture expenses as soon as the cheque clears.
Sounds fishy to me.
My intention is to deposit the qchex and wait 1-2 weeks to ensure that the funds are verified and that the cheque properly clears - Before I move ahead..
Please advise on what I should do.
Regards,
ANIRARAM@yahoo.com

Anonymous said...

WELL I HAVE BEEN ADVERTIZING SOME PUPPYS I HAVE FOE SALE AT MONKEYADS.COM AND I HAVE HAD 3 PEOPLE EMAIL ME ABOUT PURCHASING ONE AND ONE IS FROM ENGLAND, ONE FROM CANADA, AND ONE FROM NEW MEXICO. THE ONE FROM CANADA WANTED TO SEND ME 4000.00 FOR A 450.00 PUPPY AND WANTED ME TO GIVE THE REST TO THE PERSON THAT WOULD BE PICKING UP THE PUPPY AND SENDING IT TO HIM, HE CALLED IT HIS SHIPPING AGENT AND THAT HIS VET WOULD BE ACCOMPANING THE SHIPPERS TO CHECK THE PUPPY OUT, WELL I AINT NO DUMMY WHO IN THE WORLD WOULD PAY 4000.00 FOR A PUPPY AND A MIXED BREED AT THAT AND WHO HAS A VET THAT WOULD COME HERE FROM CANADA AND GET THE PUPPY. I ALSO HAD ONE FROM NEW MEXICO THAT WANTED TO USE THE QCHEX AND SHE WAS VERY PERSISTANT ABOUT IT AND I WAS READING ALL OF THIS STUFF ABOUT THEM AND I TOLD HER "NO I COULD NOT EXCEPT PAYMENT THAT WAY" AND SHE KEPT SAYING :WHY IT IS 100%, BUT I STUCK TO MY GUT AND SAID NO, SO SHE CALLED THE DEAL OFF,(HUMMM). AND LAST BUT NOT LEAST I HAVE ONE FROM ENGLAND AND I DONT KNOW ABOUT HIM, HE DOSE NOT WANT TO USE QCHEX AND HE DOSE NOT WANT TO SEND MORE MONEY THEN I AM ASKING FOR THE PUPPY SO HOW CAN I FIND OUT IF IT IS FOR REAL OR NOT? I GAVE HIM A PO BOX ADDRESS FOR HIM TO SEND THE MONEY AND HE SAID TO GET BACK WITH HIM AFTER EVERYTHING CLEARS TO ARRANGE FOR SHIPPING AND HE ALSO HAS A SHIPPING AGENT TO PICK UP THE PUPPY BUT I WOULD NOT GIVE OUT MY HOME ADDRESS SO I TOLD HIM HE COULD HAVE THEM PICK IT UP AT MY HUSBANDS WORK AT THE POLICE DEPARTMENT, WHAT SHOULD I DO AND HOW LONG SHOULD I WAIT FOR THE MONEY TO CLEAR THE BANK???

Anonymous said...

well, I just got a request from a person who went on to myspace accont and just started to chat with me and now is asking me to print 4 checks from qchex in the amount of $650 a piece and mail them to another person. I sounds all bogus to me and I have been drilling them left and right and told them I am going to print them and verify the checks before anything is done. She said she could verify for me....but I said hell no. So be careful if you get a invite to chat....there are con artist out there and the female thinks she can sweet talk her way through this one with me. I am investigating the check and calling the bank and verifying funds. You all need to do that before you deposit the check. It is not hard....CYA.

Anonymous said...

I almost fell for this trick. I'm selling a truck and have it on craig's list.com and this guy emailed me and said he would pay more than I was aking for and that I must deposit the check in my bank asap and then he would send an extra $1000 for me to give that to the shippers that would pick up the truck... i felt a red flag fly up and decided to look into this qchex and all and here I find myself looking at identical conversations. I'm really glad I found this. Thanks alot you guys just saved me alot of money!