Originally Posted by Studio54
Actually, MO's are very safe because if you use one to pay for something that is not delivered per agreement, the failure on the seller part becomes technically mail fraud which is a felony.
The fact that a cashiers check can be cancelled would not have made any difference imho because the seller would have cashed it out long before the buyer had realized that he's been had.
Once its cashed, thats it. You can't cancel a cashiers check that has been cashed (not deposited into a checking account, but CASHED like at a bank teller window).
You CAN cancel a cashier's check; its one of the top frauds on eBay. Once the bank verifies the check, it sends it to the federal reserve; a week or so later, if they go to get the money from the bank and they find out its fake, no money--and whatever money you had put into your account is taken out.
Either way, if you did this outside of any trade medium like eBay, you might not even have grounds for a crime. With services like eBay, you are establishing a very legal trade agreement with the person you're communicating with. However, legally, all you did was say "I'll send you $800 if you send me these cards," which holds no legal grounds. So you really don't have any evidence to file a claim...