Bitcoin Forum

I wanted to share this information for all the PayPal Scams going on right now in the Forums.

I was checking my Email just a minute ago, and received a Message from PayPal about a Dispute a Buyer had claimed.
-This is how it went down-

I sent the Buyer a Invoice to his Email "for goods and services" (Seller and Buyer had Verified PP Account)
Buyer then payed (BTC was stated in the Invoice for product he wanted to purchase)
I received&checked the Funds in my PayPal Account, I confirmed payment was made
I sent the BTC to His Wallet Address
Right after I sent BTC, The Buyer Filed dispute/Charge-back etc.
I should've known I was Being Scammed, with PayPal's scam Reputation on the forum...
But I took a chance and decided to fight the dispute
Gave PayPal all The information they requested from me.

Well Here is the results I just received from the dispute! I couldn't believe it when I was reading it
(Used *** for Identity Privacy/Security)

----------------------------------------------------------------------
This Claim is Now Closed
----------------------------------------------------------------------


Dear ******* ****,

We completed our investigation for the following claim:

Buyer's name: ******** *****
Buyer's email: *******@gmail.com
Transaction ID: *****************

Transaction date: Jan 7, 2013
Transaction amount: $8953.50 USD
Your transaction ID: *****************
Case number: PP-***-***-***-***

Refund amount: $0.00 USD

We are denying your buyer’s claim because the item you sold was virtual,
digital, or intangible, which is not covered under PayPal Purchase
Protection. We only cover claims involving physical items that can be
shipped and tracked.

Sincerely,
Rossi
PayPal

----------------------------------------------------------------------
Help Center:
https://www.paypal.com/us/cgi-bin/helpweb?cmd=_help
Security Center:
https://www.paypal.com/us/security

This email was sent by an automated system, so if you reply, nobody will
see it. To get in touch with us, log in to your account and click "Contact
Us" at the bottom of any page.

Copyright © 2014 PayPal, Inc. All rights reserved. PayPal is located at
2211 N. First St., San Jose, CA 95131.

PayPal Email ID  PP***

Paypal made me lost £7000.  >:(

Did you have save information from purchase? Screenshot's, Invoice, Conversations, etc...?

I thought I seriously got screwed over. They put a hold on my fund's and temporary limited my account for security/verification Purposes....
I reversed a claim from a scammer on PayPal. I am relieved. Thought I wasn't coming out of my black hole

They limited my account, when I was the only person selling BlueFury. I was selling them like hot cake. Until they limited my account, because they don't like Bitcoin Miner. After 2 months, they recovered my account. Now so many people are selling them. If they didn't limited my account, I think I needed 3 more days to get £7000.  >:(

Paypal is denying to help, because all cryptocurrency is an open-source competitor to Paypal; potentially making Paypal become obsolete in the near future.

If I interpret this news (http://www.coindesk.com/ebay-uk-virtual-currency-february) correctly, EBay (and possibly PayPal) will take a more cooperative stance towards CryptoCoins in the near future.

Could be that if they can't fight it - they might join it, if they find a way to profit off it.
We'll see I guess.

Yeah, I got lucky about this Transaction since I won the case claim.

that's one thing abt paypal... their charge back policy is full of loop holes.

I thought that I read somewhere before that Paypal hates bitcoin and bans those accounts buying/selling it...

That's ridiculous. Especially since you should be able to prove that you sent the BTC, right?  ???

Although I haven't had a negative experience with PP yet as far as dispute resolution goes... there's a reason a lot of people would rather not use them.

One notorious example is where to resolve a dispute... paypal had a customer destroy a rather valuable violin ($2k+) http://www.geekosystem.com/paypal-destroys-violin/ (http://www.geekosystem.com/paypal-destroys-violin/).

If your not very careful with PayPal. It can Turn ugly fast for the seller.
You always have to set yourself up for trades with any worst case scenario and to be prepared at all times.

If anyone needs help or advise from me on how to fight PayPals chargeback/Dispute. Feel free to contact me.
Maybe I can give you some hope and insight on beating the scammer charge-backs disputes for PayPal.

I hope my Success on winning against this will help the rest

PayPal and BTC go together like oil and water. Simple as that. I pray for the day, though, that PayPal adopts BTC. When that happens, watch as both of their fortunes soar.  :)

Agree'd

What did you do differently, because pretty much everybody else gets scammed when they've sold coins via PP? So why did you not get a successful chargeback and everyone else does? And we need more proof than just text.

Isn't it irony that credit card/paypal money is just virtual too?

I believe you just got very lucky..

Probably one in a million  ;D

Classified Ads section, user-to-user.. I don't think it's Ebay themselves.

Paypal have just the monopoly of moneys on the web.. fucking bastards

Hate PP for percentage fee for international transfers. Seems to be if they begin to accept BTC, fee will be overpriced.

Using Paypal as payment to sell crypto currencies is a huge risk.

I Was scammed for 10 LTC using Paypal.

Stop using Paypal, Okpay is for bitcoin lovers!

I've consistently had an awful experience with PayPal, sadly.

I used to use PayPal to sell crypto. Then they gave money back to a scammer and locked up my account until I sent a signed and notarized letter stating I would no longer use PayPal for crypto sells. 

had same problem when i sold 4 litecoin on ebay, the buyers account was hacked so they got the money back, even though ebay say they do not allow the sale of intangible goods on their website they leave 1000's of auctions for crytocurrencies on their because it makes them so much money. but if someone makes a dispute/charge back against you, even if you can prove you sent the coins ebay will basically say "f*ck you, your not allowed to sell these coins on ebay, your moneys gone bye bye, have a nice day"

wish someone would make a new site similar to ebay where you could pay with cryptos then hopefully paypal would die.  >:(

Haha. Kill pp