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The money was deposited directly into my account by electronic transfer – so that means the money is good – right?

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Wrong. As in the example given above, the money you see in your bank account is just flash money. Eventually the bank will discover that the electronic transfer is fraudulent. If you withdraw the money before then – you will be held accountable for the loss later. Again, if you think this has happened to you – contact your bank right away.

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