Is the Mercantile Financial Group Inc running a scam?

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I received a check from Mercantile Financial Group, Inc in the sum of $1950. I was curious so I called the contact number in the letter and was told this is a no strings attached promotion. All I had to was cash the check and send them $1500 and I would receive the rest of the money after they received the tax payment. THIS IS A SCAM!!!!!!!! I decided it was too good to be true and called the bank the check is drawn off of. The gentleman at the bank said that it is a scam and the company is fraudulent. They want you to deposit the check and send them the money, knowing that the amount for the money will be drawn from your account regardless of availability of funds. The company will cash your check and you will never get your money back. BEWARE!!!!!!

First answer by ID1633751224. Last edit by ID1633751224. Question popularity: 10 [recommend question]

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Best Rate Financial wants you to send a deposit is this a scam? You also recieved a check from the Mercantile Financial Group Mine was for 4900.00 and told you you had won 100000 that you should put the check in your account then call them then you would send them?