Paypal Notification of Instant Payment -Fraud Scam

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Hi,

I think this applies to most if not all users of ebay.

Most people must have at some stage used the buy it now function on listings. Sellers & some Buyers will know there is also a 'Submit Best Offer' feature. This has a big thing to do with how the scam executes:

A User submits an offer on an item, slightly under the asking price.

Seller accepts this offer, as its within there tolerance/margin movement

Later on that day, paypal/seller sends the buyer an inovice etc, the buyer then creates a falsified paypal notification & using software avaialble on the internet ghosts the email address (not hard to do!) to paypal, so when the seller recieves this notification of payment email it looks legitimate & auction number matches up/ buyer id matches up. - Although no reals funds have been sent, just an email!

The seller despatches the item assuming the notification is good enough proof. Goods are recieved by buyer for NOWT, seller is left conned or as they call it 'hustled'

PLEASE BEWARE OF THIS SCAM OPERATING, SOMEONE THOUGHT THEY COULD FOOL US, USING THIS TRICK...GUESS WHAT WE ONLY DESPATCH GOODS BY LOGGING INTO PAYPAL TO CHECK FOR SURE WHO HAS PAID!

The only way to be safe with payments is log into paypal to see the actual payment and make sure funds have been transfered correctly - use this to get the address for despatch.

The really sad thing is that paypal are unable to help if you have been conned with these fake emails, I think if there is enough support drummed up on this guide we can show them, and at least put some pressure on them to improve matters for sellers, its not just the buyer that can get shorted of their cash!

Hopefully helps some sellers out who may be new to ebay or members who TRUST computers!

Regards

 

Nic @ Digital Innovations

 

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