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Author Topic: Bought BTC on PayPal and got scammed, please HELP!  (Read 1709 times)
mynameisdon
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May 13, 2017, 12:12:15 PM
 #21

*snip*

What ever transaction made in paypal through bitcoin do not cover any protection to users , so it means that you wont get goods and the payment sent is gone for ever. Be careful when using paypal as their are lot of ways to scam anyone in paypal.

Safe your energy you can explain this 100 times a day and people will still not listen and ignore all the warnings, how many times respected members here, have warned newbies or other members about paypal 100 times is not enough, and still they ignore the warning and do the deal and when it's too late they come here and cry..

@op all you can do now is to tell paypal the true story and maybe you will be lucky not lie to them it will just decrease your chances to win the dispute!

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May 13, 2017, 12:27:53 PM
 #22

I don't trust paypal and that's why I trade using bitcoins. I won't blame paypal but the reversible system is not as full proof as escrow service so when it comes to deal on the internet, it is advised to avoid reversible payment methods. Payments on paypal are reversible even after several weeks so it is very risky to go with it. I hope paypal will understand your side and take necessary action but I don't think they will do so.
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May 13, 2017, 12:31:39 PM
 #23

I don't like Paypal , they require lot of 'stupid' terms . For example I had a online website with cd keys with games . Every day I was getting chargebacks on Paypal .
Also if you are trying to cash out , you can max cash out 2500$ per year or you have to give them photos with your identity
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May 13, 2017, 12:46:10 PM
 #24

if uou used credit card, you have chance that your fund back to your account.

That's what I would do. Call your credit card company, explain what you tried to buy and that they never sent it so it needs to be charged back. The good thing is you have leverage with them. If they say they can't help you you just say you'll have to cancel your card then.
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May 13, 2017, 01:38:15 PM
 #25

I don't have alot of experience with disputes for digital goods for paypal but always make sure you're trading with a trusted member (100+ succesful trades) or use an escrow. You should always use an escrow when trading btc. I hope you get your money back.
worldmobilecoin
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May 13, 2017, 03:43:21 PM
 #26

I've send a payment as goods and services, he blocked me, and then I opened a dispute like 30 minutes later!
He was sending messages that PayPal doesn't cover digital goods.

I've called PayPal and said it was a physical good.
They said they will ask him questions.

Is he going to successfully scam me or PayPal will protect me?
I don't have screenshots, logs of conversations, nothing!
Will PayPal still protects me?

I think paypal will protect you. But for future, avoid using paypal for any currency exchange transaction, if you can. I think Paypal do not like currency exchanger. Used to exchange OKPay a few years ago. Took almost 3 weeks to resolve the problem.

WMCC: wc1qcl3qeqkjamt8m7ass0weu9ep6s8se722y553jm
BTC: 1N1ZM9xCzHtn8mD4a4JYUm7bC5T54CBDmD
ETH: 0x6145e253196C7a7CEDDA1797B69E2ba67Fe3219b
BCH: 18CW3B95oTtW5MYG7GAs8isABA4TeNntWA
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May 15, 2017, 03:26:33 AM
 #27

You can actually dispute this kind of transaction because you use mode of payment as goods. Just don't tell to the support that you use it to buy bitcoin because it will fall to digital goods which is no dispute. Just tell that you bought some goods and it didn't arrive to yoo. No need for screen shot to present.

Just for clarification, paypal DOES cover digital goods i read about it somewhere on their policy changes afew months ago. However I do not know how they will handle bitcoin transactions. Forums all over consider paypal an outcast and I would think for good reason, its enough for me to avoid paypal like the plague for selling btc.

Declaring as goods was definitely a big mistake cos the onus is on you to show delivery and that counts as courier proof not blockchain screenshots. I think declaring as services now is safer then declaring as goods as you no longer need to show as much detailed proof as you did for goods. Goods can also be refunded when a user declares did not get it in the correct state which for services declared as goods is a default chargeback.
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May 15, 2017, 03:43:13 AM
 #28

Goodluck getting your money back but I don't think it will be back because even if paypal do ask him questions, he can lie and turn things in favor of him, the scammer. There is still a chance though that you would get your money back so I guess paypal will protect you. Next time make sure that the person you are transacting with is trustworthy and has many successful trades before buying btc on paypal from him/her.
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