Pay Pal SCAM

[DN BROKER]

1+1=2

 

[thevirtual]

I agree Paypal is sponsoring Scammers.

They seem to be very quick in holding and reversing funds when it is sent fraudulently. I recently received money from a scammer which was instantly held by Paypal and reversed. However, they do not offer any prevention from scammers making fraudulent payments.

In your case they are helping a scammer, in this case the Seller, by refusing to hold payment or investigating the transaction.

Unfortunately internet users are far too dependent on Paypal to start a boycott, especially when it comes to receiving money.

 

[Poohnix]

PayPal in itself is a complete scam ... I don't know who gets the money in a situation like that, because when I *SELL* virtual services and the buyer falsely makes a claim, they *every time* claim to credit the user and tell me "sorry I'm not protected as a seller since it's not tangible goods"... no matter how much proof I give that the buyer has received what he bought.
If they say the same thing to the buyers, the WHO gets the money??

.

 

[nametrader]

Batman you have to live with the pain I guess. You only lost $400. I lost $2600 , ah yes I am free of pain now.
What happened to me was buyer bought the domain, paid and I pushed it(Godaddy) to his account all done.
Now this guy went to paypal and opened a claim that the payment from his account is unauthorized and somebody stole his paypal account logins or whatever. Paypal then reversed the payment and I lost the case, all negotiations and explanations proved useless.
On the godaddy side I told them the story, they said nothing can be done!
In the end I felt bad for like an year for the loss.
I am sick because of the fact that I got cheated, not because I lost money. Getting cheated and becoming a puppet always hurts bigtime!

 

[thevirtual]

Also, it is important for scammers not to be able to scam people on the forums. It should not be too hard to close the accounts of known scammers. This seems to happen the most on forums, where people are more comfortable to receive unsafe paypal payments. Usually people will use a form of Escrow when dealing outside of the forums.

 

[FuseFX]

Oh well, I lost $460 a week ago when I hired a scammer (in case you ever hire programmers, don't ever hire Tim Yarbrough -- who also goes by the name of extremeTim ) -- he never delivered what was supposed to be delivered. Yet, without PayPal gave him the money.

But oh well, I can always write it off as a business expense and an expensive lesson learnt -- next time I am going to research the person very throughly before hiring him or her.

 

[Seraphim]

PayPal in itself is a complete scam

I've literally thrown my cell phone down that street while talking with thier India based customer service department.

 

[thevirtual]

I've literally thrown my cell phone down that street while talking with thier India based customer service department.

That street? Not sure which street you are talking about, lol

On a serious note, in regards to your problem with paypal support, I think we have all been down that street. :lol:

 

[FuseFX]

I've literally thrown my cell phone down that street while talking with thier India based customer service department.

PayPal doesn't have a call center in India. I think it is either China or Singapore. Even I had a real tough time understanding what they were saying.

 

[DomainMagnate]

I've lost about $2k to paypal scammers 2 years ago. That one time was enough for me, now if I have any doubts I won't deal.

~MG

 

[Seraphim]

PayPal doesn't have a call center in India. I think it is either China or Singapore. Even I had a real tough time understanding what they were saying.

:lol: Are you sure about that?

 

[nametrader]

I think it is Philippines , but if at all it is in India (unconfirmed) the problem I see is they are pretending to be of English origin, which they are not. So when they try to speak in True American Accent they suck in many cases.

In my Experience the one who speaks in his/her own way not trying to pretend, I understand them well! I am basing these comments on my other services I use which have call centers in India.

 

[DomainMagnate]

I wonder where paypal outsource their email support to. Average response time about 2 weeks.


~MG

 

[Theo]

I highly recommend watching "Bombay Calling" It's a great documentary.

 

[Focus]

I like paypal..they own X.com

 

[Dale Hubbard]

I think a new service - something along the lines of (don't bother clicking, it's not live) PayFor.com might work. Citibank, PayPal and a few others aren't cutting the mustard. FAR too arbitrary -- that's why in the UK they had to leave the auspices of the FSA 'in toto' and form their own bank in Lux. The trick with PayPal is to ALWAYS use a credit card to pay. You have bank redress that way.

 

[Seraphim]

The trick with PayPal is to ALWAYS use a credit card to pay.

And that is the best advice with regard to PayPal. I'll just add, DO NOT leave funds floating in your account either.

 

[thevirtual]

And that is the best advice with regard to PayPal. I'll just add, DO NOT leave funds floating in your account either.

I will also add, paypal can even take funds that you don't have. It can be just as bad to have a negative account balance than to lose money you actually have.

 

[domaingirl]

Do you mean if you have your paypal account linked to your bank account, they can take from that?
I have heard that since they are not really a bank (even though they act like they are) they do not have to abide by FDIC rules. True?

 

[wisedude]

Once I had 500 dollars lifted (actually from someone hacking my account) and I emailed paypal telling them it was fraudulent within an hour of the exchange.. I actually got my money back and the guy had his closed and lost 300 bucks of his own money