Scammed on Ebay for $5200

I also enjoy looking through the feedback of some sellers to see if the item they're currently selling was recently purchased through FeeBay.

One guy who was selling a 1999-2008 run of silver proof sets for $799 had recently bought the same set from someone else for $550 and was even using the original seller's photos in his listing. During the time he bought them and was trying to sell them, silver went from about $28 to $24. Makes sense to me, silver goes down 15%, why not try to flip your freshly bought silver for a 50% profit?

Another interesting auction was for some silver and gold bars and a few silver coins that supposedly belonged to the seller's grandfather who had recently passed away. It was a bid auction and I was keeping an eye on the price. While I was waiting I decided to look into his feedback. Every single item in the auction was recently purchased on FeeBay and once again, he was even listing them using the same photos. Many of the items were purchased so recently that he probably didn't even have them in hand yet.

 

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Not the most successful method.

With hacked accounts there is nothing a buyer can do to protect himself but wait and let others get in trouble and report it.

 

Tinpot, have you notified the original account holder (not the scammer). I would not email him since his account was hacked, but you can get his phone number through eBay. With 13,000 feedback I imagine he might be quite interested and might have enough pull to at least get eBay to look into this.

 

You should be able to get a refund on that..paypal/ebay will almost always side with the buyer in a case like this. You may have to jump through hoops, but I'd be surprised if you weren't made whole.

 

A $5k loss would scare me to death and infuriate me. I'm afraid of how I would react if this happened to me. I'd definitely be plotting retribution.

 

Gosh, that would scare me half to death as well if it happened to me! Sorry to hear about the scam. Did you get your money back?

 

i have made many large purchases on ebay but always made sure to cover my butt. if i was planning on spending that much i would try to contact the seller directly to try to feel them out. make sure everything was on the up and up. feedback can be a good tool if used properly. if not it can cost you. i feel for the OP and hope he gets his money back.

 

It is not just Ebay to be weary of. It is almost every public auction site, for sale site, CL, and even this site. There are scammers everywhere.

I have had a few "close calls" with some of my fathers collection, but I went with my gut feeling and stayed away if the deal gave me a bad feeling. I belong to a Billiard Forum also, and almost everyday there is a complaint of someone not paying, sending a bad check, shipping late, not shipping at all or simply trying to scam someone...

Everyone should be on alert....

This story may help a few people if they get into this type of deal...Thanks for sharing!!

 

Sorry to hear you got taken Taribor. I hope ebay and/or paypal will make you whole on this. Regardless, thanks a bunch for posting your story in the cointalk forum. It alerts other potential buyers of the scam and it is a great cautionary tale.

There will always be scammers. Even with venues like eBay and PayPal, which have a range of checks and balances in place to prevent scams, they've found a way to work the system.

Buyer beware!!!

 

I had my account hacked a long time ago - believe me, eBay lets you know pronto.

 

I also had mine hacked several years ago. I had to notify them, but then I found it when they listed something for sale and not after it was sold.

 

Isn't the owner of the hacked account also liable here? Common sense would say he/she is a victim too, but what does the law say? "Get a harder password than ebay123"?

 

What on earth did the owner do that could be construed as wrong? Even without a password, he did nothing wrong. If your car was stolen because you left your keys in it, the owner is not libel.

 

Different countries... different laws

 

sorry to hear that,but thanks for giving us a heads up.

Im not sure if this auction was legit or a hack job. but I found it to be a little fishy as well. first off the seller has not had any feedback since 2007,and then you have the story about the coin being found in the attic and just graded by PCGS.
if it was legit then I apologize for posting the link

http://www.ebay.com/itm/5-Dollar-Go...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

I couldn't afford to buy it anyways. but watched the auction out of curiosity.

 

I have bought many thousands of dollars worth of nice coins on ebay. Every once and a while there is a seller who fails to ship or something isn't genuine. That is what buyer protection is for. To those that avoid the site altogether it is really your loss. There were more then enough red flags in this transaction. No one selling a $5200 coin would have no history in trading in coins. Common sense is the better route here.....not avoidance.

 

That's why I stay away from t seriously.. unless its a world renouwned seller like wienberg , potter,or such I won't do it

 

Paypal closed the case in my favor today. I had to call them to speed the process along, but at no time did they fail to support me and I was actually pretty impressed over how quickly (less than a week) it took them to rule in my favor. They said 2-5 days for the CC to be refunded.

 

You were never at any risk of losing this case. There was no signature gained from your address so you automatically win sinc eit was over $250. The scammer was actually setting the seller for a fall.

 

glad to hear that.