Is it illegal to cash checks for a company in your personal bank account for

[KicktBak]

commission? I have received a job offer from a company that sells products overseas that entails depositing personal checks and/or money orders into my bank account, subtracting a percentage as my commission, and wiring the rest back to them. As attractive an offer as it is (money-wise) I'm concerned that it constitutes some form of scam. Is this legal?

[Stephanie V]

This is a scam - this is similiar to the email scams going around stating if you hold their money won in a lottery or from family being transferred from Africa via wire to your account they will give you a percentage. It is a way for them to gain access to your account and get money from you. BE AWARE!

[Back Porch Willy]

This is a very common fraud/scam run from overseas.

What will happen:

After you have sent them the money, the deposit will be reversed via a variety of procedures and you will then have a negative balance that you are legally responsible for. You could end up being arrested on a Federal Banking Fraud charge.