Question:

Is the Following a valid Yahoo transaction? I have ommitted last names, this appears to be fraudulent?

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Yahoo Finance Transaction ID 784977932

Dear Michael S,

Yahoo Finance acts as a third party between seller and buyer to insure that both parties comply to transaction requirements and provides dispute resolution and mediation between parties. Yahoo Inc is responsible to insure that both parties comply to transaction requirements, both parties must submit proof of payment/delivery presented in a legal form (payment/delivery receipt) verified by the registered payment/delivery service used. Payment must be completed using seller's preferred payment service specified in your transaction payment invoice.

Pay with cash at any Money Gram Office using the Yahoo Finance Agent's payment details :

• Receiver First Name: David

Receiver Last Name

Street Address

City: New York

State: NY

Zip Code: 10029

Country: United States Of America

*You must fill the Money Gram ® form with your details in the Sender's area and with our Agent's details in the Receiver's area. You don't need a 4# code for this transaction because you are not using the Yahoo! "Bill-pay" Service or "Pay-Direct" Service.

Money Gram ® is only the payment service used for this transaction and it's not a part of it. Money Gram ® is not the insurer of this transaction. The insurer of this transaction is Yahoo Finance Inc.The account is managed by Yahoo Finance Security Center.This transaction is supervised by Yahoo Finance SafeTrade Team. Money Gram ® can't provide details about this transaction and/or any other transaction insured by Yahoo Finance Inc. If you have any questions contact our Customer Support Center.

In order for us to validate payment we require proof of payment presented in a legal form (e.g. money transfer receipts) from an registered payment service (e.g. Money Gram® sm) .

Send us a copy of the payment receipt by fax at +1(206)-203-3927

We will verify your transfer and if payment is confirmed in the Exact Total Amount and available for the correct Payment Recipient Details specified on your transaction Purchase Invoice we will approve it.

After your payment is approved, typically within 6 hours, you will receive an confirmation email, seller will receive an verified payment confirmation email and will be required to ship the vehicle and submit the shipping receipt/s for validation.

Be advised that you must not disclose the transfer details to seller, if you sent payment and disclosed the money transfer details to seller please contact us.

Yahoo's security measures are constantly reviewed and modified given evolving circumstances globally, drawing on both internal assessments and the support of government agencies. Our constant priority is the safety of our customers and the general public. For buyers safety Yahoo Finance motor vehicle transactions are covered against fraud and description errors for up to $6,000.00.

Our records show that George Martin is a Yahoo Finance Verified Member in good standing since November, 21, 2003, this transaction is covered against fraud and description errors by George Martin Buyer Protection Policy for US $6,000.00.

We can confirm you that you are fully protected in the transaction with George Martin, only in these cases:

• Payment sent but merchandise not received.

• No response to your messages.

• Payment sent but merchandise not received as the seller described it.

When such situations occur Yahoo Finance repeatedly tries to encourage the other party to respond to a case, but we cannot fully guarantee participation, since the process is completely voluntary. If the respondent does not reply within one week from when the case was initially filed, it is unlikely that you will receive a response and we will close the case and refund you with the entire amount insured by the buyer protection policy valid for your case. If we hear from the other party after the case closes, we will reopen the case and notify you.

You have 3 days from the reception date to request the refund.

Refund requests are processed within 3 days.

All fees for this transaction will be payed from our member's ( George Martin ) account.

In the event of a cancelled transaction or a refund to the Buyer, funds will be returned using the same method as the Buyer paid, unless the Buyer requests another payment method.

As specified in your invoice, if the Buyer rejects the merchandise, the seller will pay for return shipping fees.

No penalties involved.

The 3 days of inspection will start when the item will be delivered at your address.

Original Message Follows:

======================================...

Could you please confirm this as being or not being a valid Yahoo transaction?

Also Identify when the language termed as “Reception Date” begins; this item will take 4 days to ship.

Thank you,

Mike

======================================...

Thank you for using Yahoo Finance.

Steve Elias

Yahoo Finance Customer Support

©1999-2008 Yahoo! , Inc. All Rights Reserved

Yahoo! Finance and the Yahoo! logo are registered trademarks of Yahoo!, Inc.

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2 ANSWERS


  1. it really sounds like a scam to me. i wouldnt get involved in this if i were you.


  2. This letter is completely fraudulent. Yahoo! Finance (notice that it's misspelleed -- it's missing the !) does not act as a third party in any transaction. It is simply an information service. There are also numerous other misspellings of Yahoo! products (some of which don't even exist any more).

    If this is about purchasing a car, please look at the information here about protecting yourself against fraudulent sales:

    http://help.yahoo.com/l/us/yahoo/autos/b...

    Here's some relevant information from that Help page:

    Seller desires to use Yahoo! endorsed or a third-party service to broker the sale of the car.

    Please note that Yahoo! Autos does not take possession of users' vehicles, we do not work with agents, and we do not work with money transfer agencies, so please beware that any communication you receive stating that Yahoo! Autos does use these services, as it is a misrepresentation. We advise buyers against sending online payments to sellers without meeting the seller or seeing the vehicle in person. Again, we strongly encourage buyers to see the vehicle, meet the seller, and complete any transfer of any payment in person.

    Do NOT follow the instructions here. Just delete this email and don't click any links in the email.

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