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Originally Posted by Kasept
Phys..
It seems that there has been a rash of cashier check forgeries going on that is making them less welcome.. When I went to deposit some Dee Tee Stable buy-ins that were cashier's checks, the teller asked me if I knew the people they were from. I said 'yes.. why?' and she explained the security measures that have been put on for them of late.. HOWEVER.. it's not as if the racetracks don't know and have control over who the horse(s) are going to.
The guy behind this claim is a very wealthy, has been out of the game for a while and wants to get started again... Here wasa nice horse to wade back into the pool with, and the system inhibits his re-entry into the game. Silly...
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That is very interesting because I work in real estate and nearly all transactions are done through Certified, Cashier or Attorney Trust checks.