Originally Posted by Island
I doubt seriously if this is a legitimate arrangement. About two months ago there was a thread of someone who made a purchase of 40K miles off of Craigs List. The miles were posted between his account and a brothers account and he was to pay with some type of e-rewards certifcate. The miles were purchased from Points.Com, deposited into the purchasers new account and shortly there after the credit card dispute came in and it was all reversed. Be very careful on any e-Bay or Craigs list arangement of this sort. The rodents are out there and they crawl out of their cess pool to make these deals for you. It always 40K miles, as that is the maximum transaction that can be done and gives the con maximum benefit. I would suggest you go to Points.Com and do the transaction yourself.
Yes, exactly, it's a fencing operation. They buy the miles with a stolen credit card number. That gets figured out, you don't get the miles. Simple scam.
It's basically the same but a more subtle version of what's now become the biggest simple con of all, certified check fraud, where you get a certified check for "too much" and refund some of the difference in cash. But it's certified and my bank showed the balance three days later, what could possibly go wrong.
Same story. You see the miles in your account you figure there's nothing more that can happen. Wrong.