Thinking of Selling on eBay With PayPal? Think Again! (Seller scammed again)

Quite recent 03/12/12. Story of a seller trying to sell off his old iPhone getting let down badly by PayPals seller protection program, with some really bad shortfalls in the policy being exposed such as “PayPal stating that I am in fact NOT ELIGIBLE for Seller Protection for this transaction because ”not as described” chargeback apparently is not covered by Seller Protection.” few other bits ripped out of PayPals terms are covered any how long story short the buyer was able to rip 3 sellers off for 3 phones because PayPal allowed it.

 

Sources :

codenerdz.com/blog/2012/12/03/think-of-selling-on-ebay-using-paypal-think-again/

 

codenerdz.com/blog/2012/12/05/post-mortem-outcry-of-the-crowd/

TLDR:

I sold iPhone 5 on eBay to a fraudster that issued “ITEM NOT AS DESCRIBED” chargebacks against me and 3 other sellers and won. eBay/PayPal did not cover me under Seller Protection and did very little to dispute the chargebacks or to force the buyer to send it back.

Im out of nearly a thousand dollars(after eBay fees) and the iPhone while the fraudulent buyer is enjoying his FREE iPhone from me and 3 other sellers and both PayPal and eBay do collect fees from these fraudulent transactions that they do not help with resolving.

 

 

2 comments

  1. In its earliest days, eBay was essentially unregulated. However, as the site grew, it became necessary to restrict or forbid auctions for various items. Note that some of the restrictions relate to eBay.com (the U.S. site), while other restrictions apply to specific European sites (such as Nazi paraphernalia). Regional laws and regulations may apply to the seller or the buyer. Generally, if the sale or ownership of an item is regulated or prohibited by one or more states, eBay will not permit its listing. …

Leave a Reply

Your email address will not be published. Required fields are marked *