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The most difficult to answer paypal question

Discussion in 'Making Money' started by MrSpArkles, Aug 24, 2011.

  1. MrSpArkles

    MrSpArkles BANNED BANNED

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    I'm beginning to think that when you reach a total of $10,000 in your account in a short amount of time, that's when paypal steps in asking for nearly impossible to get documents if what you're doing isn't 100% whitehat.

    Right now my main account is limited.

    I have an unverified canadian account that I made many years ago. I can receive unlimited amounts but I'm planning to stop it at around $9k and then withdrawing the money and closing the account. Then making a new canadian or indian account and doing the same.

    Now, I'm afraid to connect it to my bank account should there be any issues and my bank gets in the middle of it. So I'm resulting to prepaid visa cards that you can get for around $5 in local stores. This way I can get most of my earnings throughout time, while I already am earning on a new paypal account.

    My question is, did I find the perfect loophole, or will I soon be traced or caught in the act? Also, nothing that I am doing is illegal, but it isn't 100% whitehat where I can easily submit these stupid documents they are going to ask if I am caught.
     
  2. firewallgt

    firewallgt Registered Member

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    does your account use real information just submit the info that paypal need and you will fine
     
  3. CreativeGene

    CreativeGene Newbie

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    I don't know much about Canadian acc, but beware DO NOT make Indian account. In India your Paypal account will be traced to the last cent.
     
  4. MrSpArkles

    MrSpArkles BANNED BANNED

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    It did but my payments were still held. So I'm using another one without real information. I'm thinking if I keep it under $9k and have it withdrawed to 1-3 prepaid cards I should be fine
     
  5. akshay2304s

    akshay2304s Registered Member

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    Don't Ever make an "Indian" paypal account...
    It will be traced..
    and also you can't keep money in Indian paypal account for more than 7 days and you have turn on auto withdrawal feature to automatically withdraw your money to bank...
    you will also need PAN number for making Indian paypal account...

    And moreover you can't receive more than $500 at one time
     
  6. MrSpArkles

    MrSpArkles BANNED BANNED

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    Thanks for the tip! So far I suppose I will be sticking to canada..
     
  7. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    you have to be a retard to leave 1k+ in a paypal account

    I know kyle meyers (some of you will know him as FPSRussia from youtube) (and soon avengers the movie...)

    He gets paid from google every 3 months and used to get paid into his paypal account

    we are talking 3 months of 5 million views a video with a partnered account in the highest bracket - 15-30k

    they stopped his account and froze it for no reason. He only had his paypal account and a paypal card. he had no money at all for a month while they unblocked it.

    paypal are a joke.

    I see these threads like "paypal froze my account, 15k down the drain...."

    DO NOT KEEP MONEY IN PAYPAL, IF YOU CAN GET PAID ANY OTHER METHOD THEN DO THAT, AVOID PAYPAL LIKE YOU AVOID AIDS.

    if you got the money with a black hat method it is nothing to do with paypal - you got paid by someone else. (your affiliate network)

    I don' even know what to say
     
  8. zebrahat

    zebrahat Elite Member

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    The best way to proceed these days is to get a verified stealth US PP account made that on DAY ONE has all the verification done (not just Bank/vba, but utility bill, ID, SSN, the whole works). A couple of vendors on the web offer that level of completeness, ranging from $40-120.

    A simple VCC won't cut it, you'll have to get a AVS VCC (ranges from $20-60) to fully, not just initially satisfy PP. Spreading your PP sales activity across a couple of accounts so that you don't get near to $10k is another precaution, as well as preferring to accept payment by credit card (so you don't go through PP's rigamarole).
     
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    Last edited: Aug 25, 2011
  9. MrSpArkles

    MrSpArkles BANNED BANNED

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    When paypal caught me, I had already wiped out most of my funds, so I'm not worried about any of that!

    I'm asking if buying some of those prepaid greendot debit cards on local stores just to withdraw paypal funds will work for me. Withdrawing $2.5k at a day on each, and then moving on to another paypal account after I withdraw a total that is under $10k.
     
  10. electro303

    electro303 Newbie

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    word of caution to those in the US with accounts here- as of this tax year, paypal automatically submits all transaction/account info to the irs. just sayin, moving from one account to another here may be a little sketchy - especially multiple accounts, as it may trigger an audit & knowing paypal, i would not put it past them. my 2 cents anyway..
     
  11. MrSpArkles

    MrSpArkles BANNED BANNED

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    Any way around this? I am in the US by I am not planning to make US accounts.
     
  12. electro303

    electro303 Newbie

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    hard to say.. but i think the best bet would be to do as much research on the subj as possible & go from there. not definite, but i think europe is or has been doing the same thing - submitting all info to the respective govt agencies, & from what poster from india was saying, it looks like that might be a commonplace
     
  13. MrSpArkles

    MrSpArkles BANNED BANNED

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    So use a VCC to verify my paypal, and pay myself to my plimus account? Then withdraw to my personal bank from there? Will this be traced easily?