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#1
07-01-2009, 08:43 AM
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Scary and depressing story! That is a nice loophole in their policy. After searching the net, I found a few more paypal horror stories that were eerily similar. Seems like this scam is slowly spreading. Paypal is obviously aware of it, but since they cannot control the credit card companies......well, as Dan mentioned the money has to come from somewhere.
http://ask.metafilter.com/77638/Can-...t-can-go-wrong I think this "loophole" finally puts the nail in the eBay coffin for me. Way too risky to fall prey to this scam on big ticket items. I will still sell on eBay, but nothing over ~$150 (with fingers crossed). Matt was real lucky, "bidsformore" obviously did not have the funds to pay for his CJ (or else we would probably be hearing the same story from him). Until paypal corrects this, it will only drive more sellers toward auction houses. So get off that recliner and start working-out......those auction catalogs are going to get even heavier. Now, what was the name of that auction link by that Lucky fellow??? Lovely Day... Last edited by iggyman; 07-01-2009 at 08:46 AM. 
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#2
07-01-2009, 08:54 AM
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I am sorry this it total BS. This guy should not even have an active account. If he hasn't contacted ebay I would do so, at the very least this guys account should be killed.
As suggested I would follow up with the post office and open that box in front of a postmaster and have them write a letter stating there was no card inside. James G
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#3
07-01-2009, 09:08 AM
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James,
It is bull-crap and your suggestion sounds good. But if you read the link I provided (just read the last part toward the end where he summaries his story). This particular seller opened his package in front of a police officer (to get a police report) and it still got him nowhere. Lovely Day...
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#4
07-01-2009, 09:09 AM
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I just contacted PayPal and they verified all of this information. The seller has absolutely no protection in this scenario and they buyer has no obligation to return the item. Amazing.
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#6
07-01-2009, 09:15 AM
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I was told that occasionally the CC company will have the buyer return the item, but it was not a requirement. I was explained that since the claim is filed through the CC company, Paypal (supposedly) will try to dispute the claim, but rarely have any success.
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#7
07-01-2009, 09:19 AM
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I would think the credit card company would demand proof of return before reversing the charges. I think that is standard practice.
What kills me is they force you to accept paypal because they say it is the safest, when in this case, a check or money order would have been much safer for the seller!
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#8
07-01-2009, 09:24 AM
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[QUOTE=danmckee;733075]I would think the credit card company would demand proof of return before reversing the charges. I think that is standard practice.
One would think, but from what was described by the OP, this was not the case. I can feel my paranoia starting to set in. Do I sell (give away) my high dollar items through eBay or consign them to an auction house who doesn't pay their consignors? Decisions........
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