Anyone been scammed by Paypal on ebay?

albass111 · #1 03-31-2006, 02:34 AM

I sold an Ampeg SVT 4 pro on ebay today and the high bidder has zero feedback. I received verified funds from paypal, but the guy seems a little fishy as he already left his feedback, and seems to be pretty kiss ass. I've requested the deposits, but it takes three or four business days, so if I ship the item, and the credit card is fradulent, I'm SOL.

Bottom line, zero feedback, with verified funds and address, what are my prospects? Am I being paranoid?

MJ5150 · #2 03-31-2006, 02:44 AM

With all the resources in LA, it's a shame you had to turn to eBay. I stay away from people with no feedback. Yeah, I understand you have to start somewhere, but come on people, go out and buy a bunch of $2 beanie babies and stuff like that first. Don't make your first deal a $1000 bass amp.

You can still get scammed if the CC is fraudulent. Return the PayPal, and ask to him send a USPS money order. You can cash it at your local post office.

-Mike

**cheezewiz** · #3 03-31-2006, 07:58 AM

Simply don't ship until the funds are cleared and in your hands. A zero feedback seller would HAVE to understand you doing that.

**Kelly Lee** · #4 03-31-2006, 09:46 AM

Quote:

Originally Posted by cheezewiz

Simply don't ship until the funds are cleared and in your hands. A zero feedback seller would HAVE to understand you doing that.

Yep, what the cheesy one said!

whitedk57 · #5 03-31-2006, 10:04 AM

Quote:

Originally Posted by albass111

I sold an Ampeg SVT 4 pro on ebay today and the high bidder has zero feedback. I received verified funds from paypal, but the guy seems a little fishy as he already left his feedback, and seems to be pretty kiss ass. I've requested the deposits, but it takes three or four business days, so if I ship the item, and the credit card is fradulent, I'm SOL.

Bottom line, zero feedback, with verified funds and address, what are my prospects? Am I being paranoid?

Is this what you're saying?

You received the money in your PayPal account
You then transferred the money to your bank account, and it will take a few days to land in your bank account

If this is the case, you're fine. Your PayPal account is like a bank itself. If it has reached your PayPal account then you are in possession of the guy's money. If this is true, you can ship it.

jive1 · #6 03-31-2006, 11:23 AM

According to Paypal's policy as long as you don't charge extra for Paypal fees, and ship to a verified address you're under their protection. I don't know how easy it is to deal with a claim, but it's in their terms of service.

Just go to Paypal and read what type of seller protection they provide.

albass111 · #7 03-31-2006, 04:05 PM

THANKS EVERYBODY.

I think that I will wait until the funds are in my account. This seems like the best scenario. For some reason, I do not have buyer protection on this paypal transaction.

thanks.