So I lost $750 through Paypal-Ebay

orion23

Platinum Member
Oct 1, 2003
2,035
0
71
So I sold an FX-55 on eBay for $750.
I was paid immediately and shipped two days later, when I went to the bank to make sure the money was there.

I agreed to ship to an unconfirmed address only because I already had the money in my pocket. I had no idea that Paypal could do a reversal of payment, which took place about 2 weeks later when someone said that the credit card or bank account I was paid with, was stolen.

My paypal account has a negative balance and after an investigation which concluded that I was responsible for the loss, because of shipping to an unconfirmed address, I was sent an E-mail asking me to deposit the $750 to the account again or that it would be sent to collections.

I contacted the police in PLANTATION FL which is where I shipped the item to and they were not very helpful. In fact, they sounded very lazy over the phone, like they didn't care, and I was told that this is a CIVIL case and that I need to take it to a lawyer.
Paypal however, insists that this is a criminal case, and that I need to report it to the Police here in NJ and over there in FL

I conducted an investigation myself by doing a search of the address I was asked to ship to, and found out that the place is a UPS P.O. Box store. The thief had the items (there were other ebay users scammed) shipped there.
I called the UPS store and was told that a black guy with the name of "CAMERON GILLES" (I think it is a rapper's name) with a NY college ID showed up claiming to have just moved to FL and that someone shipped him some stuff there by mistake.
He was allowed to collect the stuff and walked away with at least $1500 worth of merchandise from Ebay.
The UPS store manager was very nice and even sent me photocopies of the guy's college ID and signature. Too bad it is just a bunch of crap!

I still cannot believe that a Paypal can get away with refunding someone's stolen money and would simply charge me for it. Shouldn't Paypal have an insurance company that handles all of these matters. Or at least split the bill in half (both victims)

At first I wasn't even worried about the whole thing because I shipped USPS Priority Mail and insured the package for $750. However, it turns out that the insurance only works for lost or damage items, not stolen! I wish they had told me that when I was asked if I wanted to insure the package.
In case you can't tell, I am new to the Paypal, eBay thing. I mostly buy stuff. I have only sold a few ramdom things.
 

shilala

Lifer
Oct 5, 2004
11,437
1
76
"I agreed to ship to an unconfirmed address."
There's a $750 lesson for ya, junior.
Here's a free lesson...
Don't do business with Nigerians.
 

BigJ

Lifer
Nov 18, 2001
21,335
1
81
I don't feel sorry for you at all.

After all the horror stories heard on various message boards, people still continute to do stupid things, like ship to an unconfirmed address.
 

newParadigm

Diamond Member
Jul 30, 2003
3,667
1
0
sucks man, just dont redeposit. Also searcht the forums for this issue, b/c htere was another quy that was recently in the same picle, but not for as much money. Paypal is FDIC insured, so that should cover this?

IDK, check it out with a lawyer, free consultation style.

~new
 

DaWhim

Lifer
Feb 3, 2003
12,985
1
81
sorry to say that, but you are SOL.

your best bet is let them send it to collections and dispute it that way. I guess you can get some advise from creditnet.com about the dispute.

ebay sucks, they do nothing to protect the seller.
 

BigJ

Lifer
Nov 18, 2001
21,335
1
81
Originally posted by: DaWhim
sorry to say that, but you are SOL.

your best bet is let them send it to collections and dispute it that way. I guess you can get some advise from creditnet.com about the dispute.

ebay sucks, they do nothing to protect the seller.

The seller was perfectly protected, as long as he followed the seller protection policy, which he didn't.
 
Aug 27, 2002
10,043
2
0
Don't feel too bad, I knew an old lady who sold a '56 chevy over seas, to India if memory serves me right, (and even paid for the freight shipping) through paypal not long after paypal started up. She lost ~$18,000.
 

orion23

Platinum Member
Oct 1, 2003
2,035
0
71
The guy could have asked me to ship to China and I would have done it.
The $750 was in my bank account already. I just didn't know Paypal could take the money away. It makes no sense to me. If anything, it is the guy who had his credit card stolen who should be trying to dispute the charges or be at a loss here.

In the meantime, here is a message to the Plantation FL PD 33322 YFSPOSMFSOFB!
 

Mojoed

Diamond Member
Jul 20, 2004
4,473
1
81
Originally posted by: BigJ
Originally posted by: DaWhim
sorry to say that, but you are SOL.

your best bet is let them send it to collections and dispute it that way. I guess you can get some advise from creditnet.com about the dispute.

ebay sucks, they do nothing to protect the seller.

The seller was perfectly protected, as long as he followed the seller protection policy, which he didn't.

Exactly. It's a very hard lesson to learn and not ebay's fault.

OP - I hope eventually you can somehow work this out.
 

DaWhim

Lifer
Feb 3, 2003
12,985
1
81
Originally posted by: orion23
The guy could have asked me to ship to China and I would have done it.
The $750 was in my bank account already. I just didn't know Paypal could take the money away. It makes no sense to me. If anything, it is the guy who had his credit card stolen who should be trying to dispute the charges or be at a loss here.

In the meantime, here is a message to the Plantation FL PD 33322 YFSPOSMFSOFB!

paypal used to just go to your bank account and take it from there, if your account is confirmed. they stopped doing it after a class law suit, but they are going to ruin your credit if you don't pay them back their loss.
 

Freejack2

Diamond Member
Dec 31, 2000
7,751
8
81
Pay attention to what you do. When I ship it's only to a confirmed address in the US or Canada, I ship with adult signature required and have FedEx send me a copy of the signature. This gives me the proof I need if a paypal payment gets reversed.
Luckily I've never had a problem but I've heard rumors that even if it's covered under seller protection the only way they'll perform an investigation is if they are unable to withdraw the funds from your account. If they can withdraw the funds from your account they will never perform an investigation or give you your money back. Hopefully the rumor isn't true but who knows.
 

orion23

Platinum Member
Oct 1, 2003
2,035
0
71
The Paypal payment message you receive will tell you if the shipping address is unconfirmed or not.
 

daveymark

Lifer
Sep 15, 2003
10,576
1
0
an unconfirmed address means that the credit card address on file does not match the address the package is being sent to.
 

chronokefka

Member
Aug 7, 2005
78
0
0
Originally posted by: lnguyen
Originally posted by: daveymark
an unconfirmed address means that the credit card address on file does not match the address the package is being sent to.

i thought unconfirmed was that there's no real bank account linked to the address?

Nope...confirmed account is two fold. CC Billing address must match the address you gave, and the bank account linked(if any) must be confirmed(two small deposits, verify amounts). I'm screwed by the people who want only confirmed addresses since I'm 18 and I've got a 10,000CAD loan, am not a student, and don't make the 12k/year required for a credit card up here in Canada.

Sorry to the OP for getting pwned, but if it is a bank account payment/e-check, wait until you get the 'Payment cleared/complete' email, just like if you got a check from someone(to make sure it doesn't bounce/NSF). Once that happens, they cannot revoke the money anymore AFAIK. PayPal is annoying for me though...the money vanishes from my account 2 days after I pay, but I have to wait 10 days before it actually clears. The bastards are making money from me in interest that entire time.

 

rahvin

Elite Member
Oct 10, 1999
8,475
1
0
I hope you aren't planning on giving paypal the money. Just close the account and be done with it. If they attempt to send it to collection send a written letter to the collection agency telling them never to contact you again. If they attempt to put it on your credit report protest it as a violation of the fair credit reporting act (they never gave you credit).
 
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