The Scam : Scammer sends you an email from PayPal showing that the funds have been transferred into your account and once your click on the confirmation button the funds will be available to you. At that stage, it is too late – they have your item. What happens : The scammer hopes that you rush out and ship the item to them, email them the Tracking Number and then they string you along with excuses such as “the money will only reflect once the package arrives”. The Reality : PayPal does not work as an escrow service and does not hold customer’s money nor does it get involved in shipping or tracking numbers. However, PayPal is holding the money until you send a Tracking Number for the shipment and then the funds will be released. The Scam: The scammer sends you an email from PayPal showing that they paid the money into your account. PayPal reimburses them their money and you are out of pocket for the “overpayment” amount you paid to their Bank Account. What happens : when you pay the mistaken over amount into the scammer’s bank account, the scammer lodges a complaint with PayPal saying their account was hacked and they did not mean to make a payment to you. The Reality : the scammer did indeed overpay for the item and the money does reflect in your account. They apologize for their mistake and ask for the balance to be paid into their bank account. The Scam : the scammer makes a payment into your account for more money than the item is worth. PayPal Seller Protection only covers the shipping address that PayPal has on the system and therefore not only do you lose the item but also the money. You have no proof that it was indeed delivered as the transaction detail shows the original address. What happens : The scammer gets the item and then files a complaint with PayPal that the item was not delivered. The scammer then makes contact with the delivery company giving them the new address where the parcel can be delivered to. After several attempts, they flag the item as undeliverable on their system. The Reality : The delivery address is an invalid address and the shipping company can not find the location to make the delivery. You send the item to the required address. The Scam : This scam involves a scammer asking for the items to be shipped to a specific address and money is paid into our account. Here is how they can not only get your money but also keep the item they bought from you too: Here are the scams: 1. The issue is that many of us assume that if you list your item on sites such as Craigslist or Facebook Marketplace and a buyer offers to pay money into your account you are safe right? Wrong.Ĭan scammers get a hold of your money if it’s already in your PayPal account? Yes, they certainly can! They do not belong to or represent views of the Federal Trade Commission.PayPal is a superb safe and secure way to buy goods and services online – but there are PayPal scams you need to know about. Opinions in comments that appear in this blog belong to the individuals who expressed them. To protect your privacy and the privacy of other people, please do not include personal information. The comments posted on this blog become part of the public domain. We don't edit comments to remove objectionable content, so please ensure that your comment contains none of the above. To file a detailed report about a scam, go to. We won’t post comments that include personal information, like Social Security numbers, account numbers, home addresses, and email addresses.We won’t post threats, defamatory statements, or suggestions or encouragement of illegal activity.We won’t post comments that include vulgar messages, personal attacks by name, or offensive terms that target specific people or groups.We won’t post off-topic comments, repeated identical comments, or comments that include sales pitches or promotions.We expect commenters to treat each other and the blog writers with respect. We review all comments before they are posted, and we won’t post comments that don’t comply with our commenting policy. But keep in mind, this is a moderated blog. Your thoughts, ideas, and concerns are welcome, and we encourage comments. The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices. Identity Theft and Online Security Show/hide Identity Theft and Online Security menu items.Unwanted Calls, Emails, and Texts Show/hide Unwanted Calls, Emails, and Texts menu items.Money-Making Opportunities and Investments.Jobs and Making Money Show/hide Jobs and Making Money menu items.Credit, Loans, and Debt Show/hide Credit, Loans, and Debt menu items.Shopping and Donating Show/hide Shopping and Donating menu items.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |