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Sold My Car Privately, Signed The Title Over, Cashier's Check Bounced 2 Weeks Later And The Buyer Is Gone

Location: Atlanta, GA

Sold my 2017 Honda Civic last month through Facebook Marketplace for $9,500. Guy came to look at it, seemed completely normal, took it for a test drive, we negotiated a little. He paid with a cashier's check from Wells Fargo which I thought was basically as safe as cash.

Deposited it, my bank showed the funds available after like 4 days so I signed the title over and he drove off. Felt fine.

Two weeks later my bank calls me saying the check was fraudulent and pulls the $9,500 back out of my account. I went from thinking I was good to being negative in my account overnight.

Tried calling the guy, number is disconnected. The address he gave me when we met up I'm pretty sure is fake, I drove by and its just an empty lot.

I have some savings set aside but that was supposed to go toward rent and a few other things, so that $9,500 hole is a genuine emergency for me right now.

Filed a police report and they took it seriously at least, detective said cashier's check fraud is actually a crime not just a civil thing which I didnt know. But I have no idea where this guy actually is.

My question is does Georgia DMV notify me if he tries to register the car since the title is in his name now? And is there anything I can actually do here or am I just out a car and almost $10k?

submitted by /u/Fit-Carpet5931
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Sold My Car Privately, Signed The Title Over, Cashier's Check Bounced 2 Weeks Later And The Buyer Is Gone

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