1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

This guy buys limited P@yP@l accounts, How does he do it?

Discussion in 'Making Money' started by DeadEyesOpened, Nov 23, 2008.

  1. DeadEyesOpened

    DeadEyesOpened Junior Member

    Joined:
    May 24, 2008
    Messages:
    150
    Likes Received:
    69
    Location:
    Brisbane Australia
    How does this guy do it?

    I saw this adsense advert in my gmail.

    I do BUY LIMITED PayPals
    My fee is 50% of account balance Accounts limited over 180 days only
    Code:
    limitedpaypal.blogspot.com
    
    He must be onto something here.... any thoughts?
     
  2. mtime88

    mtime88 Regular Member

    Joined:
    Mar 10, 2008
    Messages:
    329
    Likes Received:
    79
    Occupation:
    Student
    Location:
    Near Philadelphia
    nooo i believe u pay him 50% of the balance to unlimited it
     
  3. DeadEyesOpened

    DeadEyesOpened Junior Member

    Joined:
    May 24, 2008
    Messages:
    150
    Likes Received:
    69
    Location:
    Brisbane Australia
    The end result is the same I guess, whatever the process.

    ...but how does he do it?
     
  4. bizcredit

    bizcredit Power Member

    Joined:
    Apr 1, 2008
    Messages:
    678
    Likes Received:
    253
    Occupation:
    blackhat
    Location:
    usa
    Home Page:
    Just because he advertises he does it doesnt mean he does it. Only way to try and find out is try the service or find someone who has.
     
  5. DeadEyesOpened

    DeadEyesOpened Junior Member

    Joined:
    May 24, 2008
    Messages:
    150
    Likes Received:
    69
    Location:
    Brisbane Australia

    Very very true, I don't have any accounts limited, otherwise I would give it a try.

    Still, this smells very blackhat to me. I guess some photoshop skills and and a good supply of bank accounts could snare some dollars.
     
  6. thanhclix

    thanhclix Power Member

    Joined:
    Oct 25, 2008
    Messages:
    646
    Likes Received:
    176
    after 180 days, PP will unset the limited state.
    Then you can add credit card or bank account to withdraw the money
     
  7. peter1988

    peter1988 BANNED BANNED

    Joined:
    Oct 12, 2008
    Messages:
    965
    Likes Received:
    295
    why should a person buy limited paypal accounts for? interesting...
     
  8. caretaker2007

    caretaker2007 Power Member

    Joined:
    Dec 20, 2007
    Messages:
    720
    Likes Received:
    454
    Occupation:
    To create income streams
    Location:
    In a 6 by 3 plot
    Home Page:
    Not a bad idea, easy, and cheap to implement.
     
  9. lewi

    lewi Jr. VIP Jr. VIP Premium Member

    Joined:
    Aug 5, 2008
    Messages:
    2,309
    Likes Received:
    818
    yeah is pritty cool

    do you think he will take my old account?? its got $2 in it still lolz
     
  10. mattstrike

    mattstrike Regular Member

    Joined:
    Sep 29, 2008
    Messages:
    208
    Likes Received:
    76
    Occupation:
    Internet Marketing Arms Dealer
    Location:
    USA
    Home Page:
    He'll take it, but you will pay the WU fees for the transfer. ;)
     
  11. izodos

    izodos Junior Member

    Joined:
    Oct 26, 2007
    Messages:
    151
    Likes Received:
    18
    not bad idea ... he gets 50% of the balance ...
     
  12. gundamwing

    gundamwing Jr. VIP Jr. VIP Premium Member

    Joined:
    Sep 18, 2008
    Messages:
    1,274
    Likes Received:
    913
    pay via wu and he's gone like a wind fuss fuss fuss
     
  13. mattstrike

    mattstrike Regular Member

    Joined:
    Sep 29, 2008
    Messages:
    208
    Likes Received:
    76
    Occupation:
    Internet Marketing Arms Dealer
    Location:
    USA
    Home Page:
    It seems to me that someone could probably throw an escrow twist on this, to increase the comfort level of the poor people with frozen PP accounts.
     
  14. s0phia

    s0phia Regular Member

    Joined:
    Nov 11, 2008
    Messages:
    266
    Likes Received:
    280
    neat idea imho, he can either continue and cash 50% every time or just screw quite a lot over..
     
  15. caretaker2007

    caretaker2007 Power Member

    Joined:
    Dec 20, 2007
    Messages:
    720
    Likes Received:
    454
    Occupation:
    To create income streams
    Location:
    In a 6 by 3 plot
    Home Page:
    matt, I do not see how, and, people that need those accounts are deparate sometimes. Hell, I wouldn't charge 50% for all transactions, smaller ones yeah, but, as the amounts grew I could charge a lower percent and make more. With a scaled pricing I'd always have the customer pay the WU or MG fees

    Dealing with BH I think his SEO could be out done rapidly enough and he'd be sunk rather quickly s)phia.
     
  16. pauldrox

    pauldrox Newbie

    Joined:
    Oct 8, 2008
    Messages:
    44
    Likes Received:
    7
    i can't believe no one knows how he does it..

    you buy a reloadable VISA (which are reloaded via bank account). they are sold at like every gas station, JFC
     
  17. skido

    skido Newbie

    Joined:
    Oct 31, 2008
    Messages:
    15
    Likes Received:
    1
    yeah but the reloadable VISA have a limit of about 100-200$.. what can you do if you have a limited paypal account with more than 1K in it?? like i have for the moment...
     
  18. the_demon

    the_demon Jr. Executive VIP

    Joined:
    Nov 23, 2008
    Messages:
    3,177
    Likes Received:
    1,563
    Occupation:
    Search Engine Marketing
    Location:
    The Internet
    This sounds more like a scam to me. I'd be really hesitant to hand over my account. Could be an attempt at identity theft where he takes some of your cash as well as gathering up your details.
     
  19. mattstrike

    mattstrike Regular Member

    Joined:
    Sep 29, 2008
    Messages:
    208
    Likes Received:
    76
    Occupation:
    Internet Marketing Arms Dealer
    Location:
    USA
    Home Page:
    Completely agree about the scaled pricing.

    With regards to the escrow twist, think of a standard Escrow service: Person A wants something, and person B agrees to provide it. When the terms are finalized, A places the agreed upon price in escrow, and B, upon confirming that the funds are there, proceeds with the job.

    In this case, we are inclined to view the person who has the PP account as person A and the "unfreezer" as person B, but I would actually argue that it is the other way around. The unfreezer is actually the person who wants something, and the people with the frozen PP accounts are the people qualified to "do the job".

    I know that a lot of the escrow services have TOS restrictions on some types of jobs, and this sort of money transfer probably runs afoul of their money laundering clauses (although I don't really consider any scheme that involves losing 25%+ and waiting over 180 days to be laundering), but in theory, the unfreezer could simply offer to put 50% (or whatever the agreed fee was) in escrow up front, payable upon the transfer of predetermined $ amount from the "frozen" PP account.

    Anyway, I am probably overthinking it. Some people will always be convinced this is a scam, and will never go for it, no matter what assurances are offered, and some people will always be desperate enough to try, regardless of how little guarantee there is.