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31 votes

Suppose I pay by money order, not debit card. If the mechant scams me, will the Post Office refund me?

No, the only purpose of a money order is that it's effectively a form of guaranteed cash that only one person can access. There are no additional protections offered by it. However, given that you are ...
Pyrotechnical's user avatar
18 votes

Suppose I pay by money order, not debit card. If the mechant scams me, will the Post Office refund me?

Suppose I pay by money order, not debit card. If the mechant scams me, will the Post Office refund me? No. The only difference between a money order and cash for all practical purposes is that a ...
ohwilleke's user avatar
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8 votes

What was wrong with the 2010 Flash Crash?

The criminal complaint against Sarao can be found on the US Department of Justice's website. He was charged under four different sections of US Code: 18 USC 1343, which prohibits the use of inter-...
Michael Seifert's user avatar
7 votes

What was wrong with the 2010 Flash Crash?

I imagine it's not a crime to change your mind before the order goes through, but that's not really what this guy did. The allegation is instead that he never intended to follow through on those ...
bdb484's user avatar
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5 votes

Suppose I pay by money order, not debit card. If the mechant scams me, will the Post Office refund me?

I think what I'm asking is, would they be more willing to prosecute for fraud There are two categories of fraud: criminal fraud and civil fraud. Which category your situation falls into will depend ...
bta's user avatar
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4 votes

Delivery of oil bought through futures contracts

For example, per the New York Mercantile Exchange Rulebook, there are several methods for accepting delivery of light sweet crude oil futures, including just recording new ownership of product that's ...
jeffronicus's user avatar
4 votes

Legal difference between Binary Options regulated by CFTC and gambling regulated by U. S. member states

The primary distinction between gambling and non-gambling is whether something is a game of chance, and usually, the statutes of a state prohibiting gambling will expressly define it in those terms. ...
ohwilleke's user avatar
  • 218k
3 votes

Suppose I pay by money order, not debit card. If the mechant scams me, will the Post Office refund me?

Most payment means are just that: a way to give money to someone else, and the company/organization/network/system allowing it does not care why you make the payment (other than for Fincen-type ...
jcaron's user avatar
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3 votes
Accepted

How can i check a curent investigation of a company?

"Legal problem" is too vague to be included. "Investigation" needs a bit of refining; "lawsuit" is relatively simple (as long as you mean "actual lawsuit" not &...
user6726's user avatar
  • 215k
2 votes
Accepted

Legal difference between Binary Options regulated by CFTC and gambling regulated by U. S. member states

Gambling and speculation The difference between gambling and financial speculation is notoriously unclear. See Lynch, Gambling by another name; the challenge of purely speculative derivatives (2011) ...
sjy's user avatar
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1 vote

Suppose I pay by money order, not debit card. If the mechant scams me, will the Post Office refund me?

For the protection you seek, you want credit cards such as Visa, Mastercard or American Express. Credit cards provide that protection (merchant disagreements or fraud) by default. That works because ...
Harper - Reinstate Monica's user avatar
1 vote

Suppose I pay by money order, not debit card. If the mechant scams me, will the Post Office refund me?

A money order costs 99 cents in the U.S. It does not prove payment, it proves that you bought a money order. Since the question is about a debit card maybe the better question is "Will my bank ...
Erin Electra's user avatar
1 vote

Technical securities and commodities law question (United States)

So the first version of this question is, "assume a clever actor has found these contracts and enters into trades by accepting the bid or ask prices available at the market prices. Has a crime ...
ohwilleke's user avatar
  • 218k

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