08-05-2011, 02:29 PM
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CC Member
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Join Date: Jul 2006
Location: Ottawa,
ON
Cobra Make, Engine: 2002 Superformance w/392 stroker
Posts: 1,622
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Not Ranked
Quote:
Originally Posted by marco246
I have a car for sale, and a couple of weeks ago I received an offer from a person who offered to pay full asking price, sight unseen, if I'd take Paypal and turn the car over to an "agent." The "buyer" was someone ostensibly on board a ship and had no access to a bank. It smelled bad. I did some research on Paypal and found that "charge-back" is a problem. In this scam, the buyer pays by Paypal, gets possession of the item for sale, and then claims to Paypal that either he did not receive the item or that it was not as advertised. He files a claim with Paypal, which goes into your bank account, or if you've already moved the money, to your credit card, and recovers the money. So you are out the merchandise AND the money. Of course, the "buyer" disappears with both.
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Now THERE'S the explanation of the risk in this transaction...
Thanks for educating me on how this might work/go bad.
__________________
"Anyone who drives faster than you is a Maniac,
and anyone who drives slower is an Idiot." - George Carlin
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