Thursday, August 12, 2010

Paypal Fraud

This is new form of fraud where a buyer (a scammer) will target ebay auctions which are "Collection in person" and will have a fake address or storage address with P.O Box (as ebay/paypal now allows un-confirmed address and these transactions are not covered by seller protection.) What these people will do is buy an item from the seller and intend to collect it in person. This person will collect the item and will claim back, stating he hasn't received the item. Paypal has user policy that IF they don't have a tracking number they will grant the money back to the scammer (Paypal does not take video evidence, signature proof or any other proof as valid collection.)
It is strongly suggested if you are selling items with collection in person that you do cash transactions by handing the item and collecting cash to avoid the scheme.

No comments:

friendfinder1

Online TEFL course - free trial

bid