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Old 13 October 2021, 11:08 AM   #1
p_mcgee
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Be careful accepting PayPal friends and family

There's a scammer over on reddit Watchexchange who has been buying watches & other expensive items using PayPal Friends & Family funded with a credit card. He waits a few weeks then initiates fraudulent chargebacks with his bank(s) alleging unauthorized transaction. There are a large number of victims and at this time its unknown whether disputing the fraudulent chargeback with PayPal will succeed.

Make sure to do your due diligence, especially with counterparties with low post counts, and think twice before accepting PayPal friends & family. Be careful out there!
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Old 16 October 2021, 12:53 AM   #2
extrememike
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Old 17 October 2021, 09:52 PM   #3
Mjswon
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Wow, great update. Well noted.
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Old 19 October 2021, 12:29 PM   #4
doze
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Thanks for the heads up! So many scammers, hard to find a good deal with private sellers :(
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Old 25 October 2021, 10:32 AM   #5
Watch Maniac
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Thanks for the heads up!
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Old 25 October 2021, 12:44 PM   #6
swaini3
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Thanks for the info
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