Quote:
Originally Posted by Moses
How does THIS scam work?
|
Resourceful little bastard, lol...
Paypal scam #1: Fraudulent or hijacked PP account. You receive funds, ship item, then get an email shortly thereafter letting you know it is being disputed. If using PP, always accept funds (and ship items to) users with confirmed addresses.
If paying via PP, always have items shipped to your confirmed address. Never use "friends and family" payment method on either side of a transaction, if you don't know the buyer/seller.
Paypal scam #2: Spoofed PP email. You have item for sale and are contacted from "buyer" that wants to pay via PP. You agree, and get an email from PP stating funds have arrived. However, email is fraudulent and not really from PP.
Scam works on premise that you will ship item without actually confirming funds in your PP account, and will just rely on the email (always log on directly to PP to confirm funds in your account).
Paypal scam #3: Spoofed PP website. Similar to the above, accept you get an email from PP requesting you log on to your account. Website is fake/spoofed (and some look very convincing), and goal is to obtain your log-on name & PW.
Check scam #1: Fraudulent check. Scammer contacts you about item, you agree on terms and they pay via "certified" check. Check is bogus, and would probably get flagged immediately at your bank. Premise is that you will ship item before depositing check.
Check scam #2: Same as above, but check is stolen/counterfeit (legitimate routing/account numbers), so actually passes bank deposit, but then bounces/gets flagged as fraudulent, and funds returned (or never makes it passed "pending" status).
Premise is that you ship item before it gets flagged.
Check scam #3 (probably the most common): Scammer sends (bogus) check for more than purchase price amount, and requests the difference to be paid to a third party.
Typically, you are asked to send the difference to their "shipping agent" who is supposed to pick up the item you are selling. This scam is used with various payment methods (checks, Paypal, Western Union, etc.).