Consumer Protection Law
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Unfortunately, that is a scam. There's never a good reason for someone to send you a large check, ask you to cash it, and return most of the money to them. If the company really wanted to give you $350, they could simply send you a check for that amount. The cashier's check you're holding is fraudulent. What happens is, if you cash it, they have you wire transfer them money immediately. It is literally impossible to get that money back. Then a few days later, you'll find out from your bank that the check you deposited didn't clear, and they'll deduct $3,950 from your account (plus a returned item fee). If you don't have enough money in the bank to cover it, then you'll be overdrawn. Your legitimate payments, like rent or car payment could be returned. And you'll be assessed overdraft fees for those items. DO NOT CASH THAT CHECK.
Here's more information on cashier's check fraud from the Department of the Treasury.
And this article contains a report from someone else who was affected by the exact same scam.
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