I agreed to cash a cheque for someone I don't really know. In hindsight, this was very stupid, but now I need to figure out how best to get out of this situation.
We both endorsed the cheque, it cleared and the money is in my account. But now I'm concerned that the cheque may have been fraudulent, especially since the name on the cheque doesn't seem to be the name of the person I spoke with. (I didn't notice this until I examined the cheque online later.) So I'm very uncomfortable about giving her the cash, in case there is a chargeback.
But if it is a legitimate cheque, then I owe this person a non-trivial amount of money. So I can't just refuse to pay her unless I'm sure it was a bad cheque.
The person is pressuring me for the cash. Giving her the cash seems risky, but I can't put off paying her indefinitely. What should I do?