Fraud alert!! Just received a fake paypal confirmation payment!!!

[bodybump]

I recently posted a Rolex watch for sale here in TRF..i got an email from a buyer whos is willing to pay $8,800 for the watch when i only posted the watch price for $8200 or OBO..(to good to be true?? Yes!!!) So i said ok..just transfer the funds to my paypal which i thought much safer because he ask me for my account number if i want a wire transfer...being in doubt i posted a thread awhile ago and was asking JJ and a couple of members How safe is wire transfer...So as i got home i receive an email from the buyer and here i saw a paypal email confirmation and try to click on it..if you notice it looks real...but its not...Paypal doesnt greet you by your email address..it should be your first name...so i called paypal to confirm if there are pending funds...and they told me there are no pending funds available...On the email from the buyer it says payment is being deducted from the buyers account and it will be available after sending him a confirmation number or a tracking number of the item....BEWARE!!! FOR THOSE PEOPLE WHO HAS NO EXPERIENCE SELLING AND BUYING ITEMS ON THE NET!!! DONT GET TO EXCITED!!! every link that you click goes to paypal website which you think its legit...if you dont confirm it to a paypal customer service you are doomed!!! At first he ask me for a wire transfer so thats why i ask in the post...I JUST WANT TO SHARE THIS TO EVERYBODY HERE IN TRF SELLING AND BUYING JUST BE CAREFUL BECAUSE SOME PEOPLE THAT ARE NOT MEMBERS ON THIS FORUM ARE JUST LURKING AROUND AND WAITING TO VICTIMIZED ANYBODY!!!! I TRIED TO SHOW YOU GUYS THE ACTUAL EMAIL IT MIGHT NOT BE TOO CLEAR BUT I TRIED...

[Yume-sama]

Good thing you were cautious, looks like your first impression was the right one (as it usually is).

[bodybump]

Originally Posted by Yume-sama

Good thing you were cautious, looks like your first impression was the right one (as it usually is).

I know...im just sharing this to all the people here because not eveyone have experience in selling and buying watches..

[ezod]

Thanks for sharing your "close call". This is something all TRF members should read and be aware of.

[DARK_KNIGHT]

Originally Posted by bodybump

I recently posted a Rolex watch for sale here in TRF..i got an email from a buyer whos is willing to pay $8,800 for the watch when i only posted the watch price for $8200 or OBO..(to good to be true?? Yes!!!) So i said ok..just transfer the funds to my paypal which i thought much safer because he ask me for my account number if i want a wire transfer...being in doubt i posted a thred awhile ago and was asking JJ and a couple of members How safe if wire transfer...So as i got home i receive an email from the buyer and here i saw a paypal email confirmation and try to click on it..if you notice it looks real...but its no...Paypal doesnt greet you by your email address..it should be your first name...so i called paypal to confirm if there are pending funds...and they told me there is no pending funds available...On the email from the buyer it says payment is being deducted from the buyers account and it will be avilable after sending him a confirmation number or a tracking number of the item....BEWARE!!! FOR THOSE PEOPLE WHO HAS NO EXPERIENCE SELLING AND BUYING ITEMS ON THE NET!!! DONT GET TO EXCITED!!! every link that you click goes to paypal website which you think its legit...if you dont confirm it to a paypal customer service you are doomed!!! At first he ask me for a wire transfer so thats why i ask in the post...I JUST WANT TO SHARE THIS TO EVERYBODY HERE IN TRF SELLING AND BUYING JUST BE CAREFUL BECAUSE SOME PEOPLE THAT ARE NOT MEMBERS ON THIS FORUM ARE JUST LURKING AROUND AND WAITING TO VICTIMIZED ANYBODY!!!! I TRIED TO SHOW YOU GUYS THE ACTUAL EMAIL IT MIGHT NOT BE TOO CLEAR BUT I TRIED...

Am I reading this correctly? A member of TRF did this? I thought only members can read the forums?

[bodybump]

Originally Posted by DARK_KNIGHT

Am I reading this correctly? A member of TRF did this? I thought only members can read the forums?

he said he saw my listing here in TRF i dont know how but im sure if he saw it he may have somebody with him a member here

[scottschoe]

PM me the buyer's ID please

[bodybump]

Originally Posted by scottschoe

PM me the buyer's ID please

he just emailed me right now that his payment has been sent and he wants me to send it to NIGERIA!!!! Bwahahahahaahah

[MrRetep]

Originally Posted by bodybump

he just emailed me right now that his payment has been sent and he wants me to send it to NIGERIA!!!! Bwahahahahaahah

lol. I would draw a rolex on a piece of paper, And send that

[Yume-sama]

Originally Posted by MrRetep

lol. I would draw a rolex on a piece of paper, And send that

Me too. You definitely should. Maybe teach him a lesson

[bodybump]

Originally Posted by Yume-sama

Me too. You definitely should. Maybe teach him a lesson

Im just going to email him that funds has not been received..or watch sent to Afghanistan Signiture needed to the name of the person appears in the box..Bin Laden.

[Yume-sama]

Too funny.

[2careless]

Anyone can read the for sale sections. He posted full email address, phone number for anyone in the Internet to contact him :

[bodybump]

Originally Posted by 2careless

Anyone can read the for sale sections. He posted full email address, phone number for anyone in the Internet to contact him :

every body does that...even tempo king which has a good reputation has email and phone number on his post...you just have to be very careful with whoyour dealing with...

[ashu2289]

This post is really helpful for the newbies selling watches online and even for the other experienced sellers n traders. Best is that you figured it out and everything ended well.

[bodybump]

Originally Posted by ashu2289

This post is really helpful for the newbies selling watches online and even for the other experienced sellers n traders. Best is that you figured it out and everything ended well.

I think reference with active members will be a very good consideration

[2careless]

Oscar, are you fair dinkum? Your forsale GV was posted at $8200, and this "fraud" email was for $8800. You charging him $600 for insurance and postage????

I'm very concerned that there a new members coming into TRF purporting to be newbies but actually trying to tarnish the good name of the forsale section of TRF. Paying to be a pledge member is just a little gesture to do "real business".

BTW, in your TOG forsale item post, you posted all your full name and details...

[bodybump]

Originally Posted by 2careless

Oscar, are you fair dinkum? Your forsale GV was posted at $8200, and this "fraud" email was for $8800. You charging him $600 for insurance and postage????

I'm very concerned that there a new members coming into TRF purporting to be newbies but actually trying to tarnish the good name of the forsale section of TRF. Paying to be a pledge member is just a little gesture to do "real business".

BTW, in your TOG forsale item post, you posted all your full name and details...

well i already know that it might be a fraud thats why i told him just send the funds nothing else...i think this thread will help people to be aware of some people portraying as good buyers...remember this no small time illegal business this is a multi billion buisnessand they do this as a living... i love this forum and i will make sure that people will feel safe trading and selling and buying their watches here...

[bodybump]

Guy just emailed me again..i told him i didnt get the funds please keep on sending till i get it hahahahah

[mic6]

what i always do when selling watches is this:
I go to paypal page and transfer the funds to my bank account
Then in two days I go to the bank and verify it is there

After that i pack and ship the watch

[Bisquitlips]

Originally Posted by mic6

what i always do when selling watches is this:
I go to paypal page and transfer the funds to my bank account
Then in two days I go to the bank and verify it is there

After that i pack and ship the watch

This is a good process.

Since 1998 I have had about 500 transactions on eBay without one issue. The thing to remember is that a buyer can actually transfer funds to your PP account and then file a reversal. If those funds are still in your account, they will be removed and sent back to the buyer's account even if you have sent the item to the buyer.

It is always best to transfer the funds to your bank account and then wait until they hit and then pack and ship.

Even after you transfer the money to your bank the buyer can still reverse the transaction, but if the money is not in your PP account it is much easier to contest that reversal.

Hope that makes sense, but it always pays to be cautious. Literally!!

[Orchi]

Err buddy JT...thanks very much for sharing...!

Which is one of the main reasons why Orchi always insisted upon
NOT to accept Paypal...n NOT using one either to pay for
ALL of Orchi's purchases...!

A genuine buyer should have NO issue to pay by bank wire transfer or
commonly being referred to as bank Telegraphic Transfer(TT)...BUT
to genuine Sellers...only.

[tphan]

Thanks for sharing...

My rules:

1. Bank wire
2. Must cleared prior shipping
3. No Paypal unless it is under $500.00
4. References
5. Posting history

[Erix]

Close call. Good for you that you reacted quickly.

[AMS MIKE]

wow! thanks for sharing!

[toph]

seriously i must have had that happen to me 10 times or more!!

just always check your ACTUAL paypal account- glad you did!

[swatty]

Originally Posted by toph

seriously i must have had that happen to me 10 times or more!!

just always check your ACTUAL paypal account- glad you did!

Makes sense to me

[Welshwatchman]

There is NO way I would ever use Paypal for such a high transaction.

The spoof Paypal email payment is quite a common thing also and probably catches 1 in 1,000 who don't bother to check their Paypal account.

Off to watchout for this thread.

[toph]

Originally Posted by Welshwatchman

There is NO way I would ever use Paypal for such a high transaction.

.

x10000, never ever ever. all the buyer has to say is i did not get the watch or it is not as described- and guess what your funds are 9 times out of ten gone or frozen.
www.paypalsucks.com

[Bisquitlips]

Originally Posted by toph

x10000, never ever ever. all the buyer has to say is i did not get the watch or it is not as described- and guess what your funds are 9 times out of ten gone or frozen.
www.paypalsucks.com

I have to say that I have never used PP for any transaction above about $1500.00 or so.

I think I would consider an escrow service for a $8000.00 transaction and split the fees with the seller. Peace of mind is worth that IMO.