Anybody else doing business with new ebay user tamcdonnell?

notwilight

The transaction I have ongoing with him is setting off a few yellow flag warnings but no real red flags. If 5 other people are having the same issue then red flags will fly...

He is a new, 0-feedback ebay user who bought 5 $700 coins with BIN. Good news is he is communicating well. He is having trouble getting Paypal set up and may end up using his "business associate's" credit card. Says address will be confirmed as their place of business. He seems to be in a little bit of a hurry, yellow flag. He wants to buy more if I have them (I do). On a positive note when I told him I was asking more for the others he wasn't interested so he is price sensitive. Scammers often aren't.

Ok, If this works out I will obviously send it registered mail with signature confirmation and restrict delivery to the guy. The only fraud left is for him to tell the credit card company that I sent him a box of rocks and try to charge back...

Do you guys feel Paypal offers adequate protection against such fraud...

Petescorner

"Business associate's credit card"?? What the heck? I think I'd ask for some ID. Maybe a faxed copy of his driver's license or something. That seems like trouble waiting to happen, to me. Best of luck, though.

LALASD4

How about just a check?

A wire to an account with zero balance would be quick also.

TomB

Have him send US postal money orders and make certain they are not fake.

fastrudy

Jerry,
go with wiring the money to your account..quick and I can't see how it could be fraudulant.
i wire in and out of my account with no charge by my bank.

storm888

"Have him send US postal money orders and make certain they are not fake. "

//////////////////////////////////////////

THAT is the ONLY way I would do this deal.

Scamsters often pretnd to be "price conscious" and "condition picky."

Anybody who says they do not know how to set up a PayPal account
is NOT telling the truth, or is too backwards to deal with. NEVER take
a third-party credit card; GUARANTEED charge-back.

USPS money orders or nothing on this one.

EDITED TO ADD: If he can wire the funds directly to your checking account,
that would work, too.

notwilight

Thanks for the advice guys. He is up front that he doesn't have the cash...last communication he was starting to think he may not be able to pull it off--again, sounds like a ligitimate, although not very qualified, buyer.

I'll let you guys know how it turns out.
--Jerry

clackamas

Go for the Echeck with Paypal, the fee is only $5 for you.

LALASD4

Ok, If this works out I will obviously send it registered mail with signature confirmation and restrict delivery to the guy. The only fraud left is for him to tell the credit card company that I sent him a box of rocks and try to charge back...

Only send it to the name and address of the person who pay you, NOT to the guy who did the purchase.

jmski52

If you are the seller, just make sure that however he pays, the funds must be secure before you ship. A cashiers check or money order is good. Give any personal checks at least 10 business days, because the funds aren't secure right away, even if the check "clears."

I cannot advise you one way or the other regarding paypal or wired funds. I tend not to want to give out my bank account number to anyone.

When you ship, ship insured, and don't worry about the signature confirmation. Insured packages require a signature, but the only time it is used is when there is a claim.

If the amount is higher, then Registered Mail is better and more secure, and the insurance is less (although it is slower.)