motoxbiker
Newbie
- Jun 9, 2011
- 13
- 1
Yep not to mention the cases people can open and literally steal their money back
Story I read online:
Honest eBay Seller sells used laptop to Buyer. Sellers ToS gives Buyer 10 days to request refund due to defect. Buyer waits 15 days, contacts Seller and says laptop doesn't work. Seller says that it's too late, and sale is final due to being 15 days past the date it was recieved. Buyer lies about date laptop was recieved and Deller documents the lie. (He has proof from UPS on when the laptop actually was delivered.)
Buyer files dispute with PayPal. PayPal requires Seller to take back the laptop and refunds the money to the Buyer, despite the ToS and the documentation of the lie regarding when the item was delivered. Seller has money taken from his PayPall account and refunded back to buyer.
When laptop is delivered back to Seller, Seller discovers the laptop has been exchanged for a different one. Returned laptop is same model, etc... but has obvious signs of abuse. It is obvious that the Buyer has exchanged his broken laptop for a working one from eBay. That the laptop's are exactly the same proves that Buyer intended to scam the Seller from the very beginning.
End Result: Seller has laptop stolen from him, and PayPal enforces the theft.
The Lesson: Never leave more than $10.00 in your PayPal account. Any time a signficant amount of money is deposited into your PayPal account, transfer that money out immediately and into your Bank Account.
Had the Seller done this, PayPal would not have had the "easy out" of making the Seller responsible. In order to "refund" the Buyer, PayPal would have paid THEIR money to do so. With that as the only route, PayPal would have put more effort into the facts of the situation, and correctly understood the scam for what it was. The money in the Seller's account is what gave PayPal the ability to resolve the situation with the least amount of effort and time.