Scammed using Binance P2P, be careful, also looking for aussie to help

[KingZee]

I got scammed using Binance P2P.

The seller's username was chalupa, they had over 500+ trades with a very high "completion" ratio, and a full ID-ed profile. I used Paypal, I know I should have asked for an ID and a selfie to verify the person had the correct details, but I considered the high profile rating something worthy of trust, it wasn't.

Here's the binance profile of this seller :



I think these scammers are running fake account networks, and wash trading between each other to pump up the numbers in the ratings, while in reality they don't really mean much. I made sure to report the profile to support, but I'm making this post to warn other users on here to not trust anyone on Binance P2P, this "selective scamming" problem is extremely hard to pinpoint, because the seller could scam select users and still continue operations that increase their profile ratings for every single scam they pull off. Please only trade in small amounts until you build your own list of trusted people.

Also, I'm trying to recover my funds and if there's any Australian willing to help me out it'd be appreciated, there is someone I need to contact there related to this situation. (I'll leave a tip!) Cheers!

[notblox1]

Sure they have fake ratings, and you can't expect from Binance to have real P2P trading with all real feedback, but maybe you can contact them to ban his account (chalupa) and all other connected with him and report it to authorities.
I would not expect you will get your money back but you can stop them or slow them down.

[logfiles]

As one of the most famous quotes goes, "Do not trust, always verify"

Scammers come in all sizes, shapes and ways. Some will pretend they are genuine until you fall into their trap one day by trust them and letting down your guard which could save you from getting scammed.

I have used p2p exchanges for 3 years now, I have never been scammed in a single trade.

[Charles-Tim]

<...>

No one can be trusted, that is why we need to be careful while making p2p deals. But, if all needed to avoid scammers are not neglected but considered, you will not be scammed. If bitcoin sent, then release bitcoin from escrow, if bitcoin not sent, then the buyer will file a report and later provide evidences of successful payment, in this case, binance will make sure the bitcoin leave that person account into yours. Escrow makes this possible, we should make sure we do not take anything for granted while making p2p trading, otherwise can lead to scam.

[Maus0728]

I've been doing P2P trading for about 1 year now and I have never been scammed even on a single trade. Have you not tried finding some telegram group who's the owner is the merchant advertising on P2P Binance? That particular process, though, saves me from doing trades from random merchants who is most likely will take away your money in an instant especially if you will not verify the transaction coming on your end beforehand.

More importantly, verified account with check mark beside their username could actually help.

[TryNinja]

How did he do it? I have traded on Binance P2P thrice in the past and everything went smoothly. Did he just didn't send you the BTC after you sent the Paypal $? Please let me know when their support get back to you, because I'll probably stop using them if they don't do the right thing.

[KingZee]

How did he do it? I have traded on Binance P2P thrice in the past and everything went smoothly. Did he just didn't send you the BTC after you sent the Paypal $? Please let me know when their support get back to you, because I'll probably stop using them if they don't do the right thing.

I'm the one that sent crypto and received PP. Most people here claiming "I've never been scammed" should be more careful. The concept of selective scamming is simple :

1. Have a "perfectly legitimate account" with valid KYC
2. Fake trades with other "legitimate accounts"
3. Build a profile such as the one above
4. Receive 1 trade from someone outside your fake trades network
5. Scam them with your "legitimate account"

Sometimes verification of kyc details will not really help you identify these, and the scammer could even be able to provide selfies. Just be more careful.

More importantly, verified account with check mark beside their username could actually help.

This is interesting, I've browsed listings and didn't see these until today. What does "verified" imply?

[Bttzed03]

~

More importantly, verified account with check mark beside their username could actually help.

This is interesting, I've browsed listings and didn't see these until today. What does "verified" imply?

Users marked with a yellow tick are merchants Binance P2P. These are traders who have passed additional verification, confirmed their advanced trading experience on other platforms.

[bitbollo]

I have never used this platform. It's much more easy just ask in a telegram channel and get some "trusted" user for these operations.
Escrow is a must, without I don't make any deal.

BTW If I remember correctly you have payed with paypal so you can reverse the payment (request a chargeback or ask to their support)?
Have you already tried to get back funds in this way?

[crzy]

I’m using P2P on Binance and so far, everything is smooth. If you’re dealing on P2P just make sure that you’ve received the money before you release your holdings so by this you can avoid to get scammed.

If you’re a buyer, make sure that you have the necessary records so when the seller didn’t release the coins you bought, you can report it to Binance right away. Those who are using P2P in Binance are verified account, you can contest that to them.

[The Cryptovator]

BTW If I remember correctly you have payed with paypal so you can reverse the payment (request a chargeback or ask to their support)?

You are wrong, please read again....

I'm the one that sent crypto and received PP.

It Means OP had sent crypto which isn't reversible and OP received PayPal. So I am assuming PayPal has been chargeback from the OP account.

However, had you got any replied from the seller? If he has intentionally scammed you then he will ignore it, if happen something wrong then the seller should contact or reply to you. Chargeback back PayPal doesn't mean the seller did it, perhaps he would send PayPal from some other's account. If the seller continuously scams then there should be many reports on the Binance peer-to-peer exchange against the sellers. And Binance should take action against the seller.

Anyway, hope you will find a solution in the end.