Scammer- Paypal?

D

damien192x

New Member
My gut feeling tells me I am going to get screwed if I go down this path. Listed some silver that I need to liquidate to fund my business, $40/oz.

They asked if I was open to negotiation, I told them minimum $38/oz. Then they wrote back asking for paypal, and they want to pick it up for $4,150. (100oz) I'm OK with paypal, when I am a BUYER! But I have a horrible feeling they will do something like a backcharge after I give them the metal. Just a gut feeling, I'm thinking I should take cash only so they can't play any cards and take my money.
 
If they're picking it up then tell them to bring cash. Or tell them to Paypal gift you, which can't be charged back (as far as I know).
 
I'm going to say cash or no deal. It was poorly written and he/she left out joining words, so I'm already skeptical. I know you can sell silver for more than spot price, selling my coins for average of $40/oz on eBay, but I'd rather cash so they cant be funny.
 
If they have the money to paypal you then surely it must come from their account - hopefully not credit. I'd ask for the cash on pickup unless you really need the money asap
 
They were wanting to use a credit card, so I'm guessing they will be paying, taking the physical metal and then fleeing the country. He/she also mentioned they they were on a ship. All very weird.
 
I'm thinking they'll pay with Paypal and then pickup the coins and then do a charge back because they never received the coins in the mail or some BS like that. I'd stay away, there are plenty of other buyers out there.
 
Go with your gut, and listen to the alarm bells.
If it is worrying you move on and try again.
Someone else will buy your silver.

It is usually when you don't follow your gut feeling that things go pear shaped.
 
If they are picking them up can you get them to show ID / take a photocopy and get them to sign a receipt saying they have collected the goods. This would surely be enough to avoid a chargeback?
 
I never deal with anyone who is "going overseas". This line is very often used by frauds selling big ticket items at knockdown rates. They are going overseas alright, with your money and/or goods.

I would do cash F2F or no sale. Make sure you got a mate to watch your arse as well.
 
Avoid like the plague.

Cash f2f only.

If you get paid via paypal and f2f there is no way to prove they got the goods and Paypal will rule in their favor and you'll be out of money + metals.
 
Elemental said:
If they are picking them up can you get them to show ID / take a photocopy and get them to sign a receipt saying they have collected the goods. This would surely be enough to avoid a chargeback?
Click to expand...

As long as the ID isnt fake.
 
There are some scams around the want you to join PayPal they are normally picked up by courier and are overseas give them a miss ask for direct transfer to your a/c and I have heard they can also involve a fake web site for paypal and the give a link
 
Even cash F2F could get nasty ... you could lose the cash AND the silver ... take along a couple of BIG mates ... but I'd trust your instincts too. PayPal are not very favorable, nor easy to deal with when it comes to chargebacks (personal experience running ecommerce for 4 years and dealing with a multiple fraud).

+1 for avoiding!
 
cash
f2f
public place
with a couple of "mates", witnesses
get a signed receipt of delivery
id if you can

nothing less than the above

otherwise as the others said

NO DEAL - trust yourself
 
This is just my opinion but I personally think you should trust your gut instinct.
 
Noticed that $38/oz x 100 oz equals $3800, so they are willing to pay higher than the prices you set as your bottom line?
That alone rings alarm bells, no deal, tell them you sold it (hope you didn't give up your address!
Cheers
Alfie
 
NEVER EVER accept paypus & than let them pick it up
I've heard to many horror stories of stolen credit cards being used.
 
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