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lol that sucks, but I've found a pretty good way to keep your main account safe. Not your alt account, but the main one.
Use your alternate account and create a character on the opposing faction. So if your main is on Alliance, create a Horde char. Do the scam as it was said in the original post. Transfer funds to your main "banker" character, which will not be involved in the scams but, as the title implies, just holds the cash.
Now, this is how you transfer the funds to your main account on the opposing faction. Apparently, there are 2 Auction Houses that I'm aware of (and I think another but I can't name it right now) where you can actually purchase items, cross faction. The two places that I know of right now for sure are at BB in STV, and Gadgetzan (sp?). It's much easier to just go to STV, although you're gonna die a LOT of times.
What you then do is have your main character on your main account put up an item at one of these AHs, say a nice shirt, for how much money you have on your horde character. Your horde character then buys the worthless item for as much money as he/she has and there you go, your main character now has your scammer account's money.
I think this still works. Tell me if it doesn't.
Edit: Wait, just thought of something else.
Create a mule which will act as your "contact" acount. Make it something with special symbols. Create another mule account, again, with special symbols but very very similiar to mule 1. This second mule will act as the "send/receive" mule.
Make contact with sucker on the first char, tell him/her you have to log off for work, school, or whatever. Use the 2nd mule to actually send the wrapped present, COD for whatever money it was. Hopefully, they won't notice it's coming from another person and therefore maybe through some technical arguing with a gm and luck you can get away with this scam completely free.
Hopefully.
I'll give these ideas a whirl.
2nd Edit: Also, anyone know if you can send cod with trial accounts? I don't think so. I mean, it wouldn't make sense if Blizz bans trades but allows CoDs.
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