Over the years, several scams and frauds has been committed and exposed but the mindset is not being changed and some PayPal account holders are still trying to commit fraud for getting illegal money directly or indirectly from the PayPal account holders who are either sellers or buyers.
Recently a new trick was exposed and that is too dangerous because PayPal declares it as nearly legal but its total cheat and fraud. Specially requested to the buyers and sellers on ebay.com, amazong.com, Godaddy.com, Flippa.com and similar hundreds of eCommerce web sites where the buyers and the sellers communicate and deal through PayPal for their sale and purchase.
The scammers are active and PayPal needs to pay attention immediately on this issue.
The whole story is here:
I am a professional websites and domains seller and selling on Flippa.com for the last 11 months and sold over 100 product with 98% positive feedback from the buyers.
Around 3 months ago, i sold a website “BuySellG ig.com” to a buyer on flippa.com whose account ID is “jeb1919” and email is terrykernes@gmail.com (Flippa accont profile https://flippa.com/users/567989) currently SUSPENDED by Flippa.com
He used a different PayPal email id supplementsplace@gmail.com from the scam website supplementsplace.com (Fraud product store) is used to commit frauds against the Flippa.com sellers and after getting massive complaints, Flippa Suspended his account.
But he is active on the other eCommerce websites even on Flippa with another account.
How do scammers commit fraud on PayPal?
He used to buy websites from Flippa auctions and pay through PayPal the auction fee to get the websites moved on his account. He waits 45 days Flippa dispute period and once the time is expired, he launches a Fake dispute on PayPal against the seller using the complaint of PayPal ” Unauthorized transaction” option that tells PayPal that a particular transaction was made unauthorized and has to be reversed to the buyers account.
The seller then receives PayPal unauthorized transaction message and dispute email from PayPal and when he try to resolve he fails. PayPal shows the message on submitting the dispute response saying” Your last action was not completed“.
However, after 10 days, PayPal deduct the claimed transaction payment from the seller’s account and revers it to the buyer’s account. That means the buyer now has the website files, database, all the products, domain name and the payment as well.
That is the trick they used to commit fraud and they continue looting the people over the internet.
I hope this article will be a wake up call for the PayPal users who are buyers and/or sellers and dealing with the products selling on the different eCommerce platforms.
For the readers attention I am publishing the scam websites that are being used to commit the said frauds.
Scam website supplementsplace.com
Scam website bodybuildingplans.com
Scam website bodybuildingstoreonline.com
Scam website bodybuildingworkoutchart.info
More scams websites from the same cheat individual would be published to aware people and online marketers.
Shahzad is founder and C.E.O of freelancefront.com He Ranked in Top Pakistani Blogs and Bloggers List. Expert Freelancer + Enterpreneur, Domain investor & Digital Marketer since 2011. Read his complete bio from the link below.