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About godhand510

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  1. Hence why I haven't contacted the authorities, Payevil won't remove my bank account they keep telling me I have a pending transaction. Tomorrow I'm heading to the bank to make it official. Does anyone know how to do this in writing?
  2. Thank you for everyone's replies, I shall keep you guys updated. I will report it to action fraud once I have collected enough evidence of these transactions to support my suspicion of fraud. Meanwhile, I have Removed any direct debits from PayPal through online banking. Removed my credit card from Paypal, and ordered a new one. Collecting evidence that I had no intentions of wrongdoing and report it to action fraud once the reversible payments hit or do it right away after I finish collecting evidence. Reported the user to Localbicoins. Still to do This week I'm going to my bank and ask them to block any transactions from PayPal officially. I don't seem to be able to remove my linked bank account from PayPal, keeps telling there are pending transactions keeping me from doing so, which is simply not true as all the withdrawal funds have hit my bank account. Will call them now and ask them to remove it. Potentially getting a new bank account and closing the affected one.
  3. I shall do that as soon as possible, also can someone explain in layman's terms, why would I not be charged back if someone fires an unauthorized payment? As per their policy, they don't protect a seller who is selling virtual Items I believe.
  4. Yes, that's right DragonFly1967, even tho I'm not directly involved I can not stop feeling for the other person. Would it be too early to report it to action fraud, as of now this is all speculatory. What would reporting it to the action fraud entail, freezing of my bank account possibly? Would they also side with PayPal and make refund some of the funds?
  5. Thank you, it's funny how useless PayPal is protecting their users. Like I said if these are unauthorized payments its been 2 weeks and they still haven't caught on. I will keep you guys updated. if everything goes the way I see it going, meaning a negative balance, I will try to reason with them and offer to pay whatever I owe excluding my losses, if they are comparative enough I will settle that part of the balance otherwise I will stay put and ignore whatever they throw at me. Thank you for all the help.
  6. Thank you, I'm looking at this situation a little more optimistically now, I will follow those steps and make sure I keep the funds safe. I also got family members who use PayPal,l is any changes they might get done for it?
  7. I see I haven't been able to remove my bank account details will they be able to withdraw any owed money without my consent. Shall open a new bank account and close the one affected? Is there anything else I can do, what about the debt collectors? Shall inform the authorities of fraud. I just don't want my credit to be affected.
  8. A few days ago I completed a few transaction over LocalBitcoins.com to a buyer named Muumbis (currently blocked) who seemed to be a trusted user, had good feedback and 2 months of multiple transactions. The buyer sent me the funds through a PayPal transfer, and then I proceeded to send/release the bitcoins to his account once the money hit my account. These transactions were very profitable to me, amounting to about 40% of profit over the then exchange price of bitcoin. Only after 6 PayPal transactions amounting to a total of around £11000, I noticed that the person’s details included in the PayPal account used to forward all these payments differed greatly from the personal information of this LocalBitcoins.com user. For comparison sake, the owner of the PayPal account is a Canadian, while this person seems to be based in Netherlands (Proxy, likely) and has a verified phone number from Kenya, as well as, beginning of a different gender. As of now PayPal as yet to contact me about any irregularities in these transactions and I made sure I transferred all my PayPal balance to my savings account. However I’m confident I got [problem]med and it’s just a matter of time until these payments are flagged as unauthorized transactions and the owner of the PayPal account files a chargeback against me leaving me empty of bitcoins and about 5000£ of negative PayPal balance, which I have no means to payback as I’m student and I already have some debt going. Summary, I sold some bitcoins at 40-50% in profit to a guy who used a hijacked PayPal account to pay me. It’s just a matter of time until the victim of the hijacked account files a PayPal unauthorised transaction/ chargeback against me. PayPal then reverses the transaction and the [problem]mer gets the bitcoins while I’m left to pay around 5000£ of debt due to the profit margin. I’m divested by this, as I’m a victim too just like the affect PayPal account owner, plus I have no means to payback if these transactions are found to be unauthorized. Perhaps, in the end, all I could do is payback the some of the money to the victim excluding the profit/debt margin that was employed in this [problem]. God, I can’t believe a fell for it, I’m aware of this sort of thing yet due to my own stupidity or being a student with no income I just went for it….Never felt so dumb. I know I’m making assumptions on what if…however, I just need to a little guidance on what to do next or who to turn to, basically a course of action to reduce all the possible damage. Thank you all
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