Hello, I'm a seller in lowyat.net too and in light of this scam method, I want to know how we as seller can protect ourselves from scammers like this posing as buyers. We normally provide buyers with bank details ie Maybank2u hoping he would bank in the money but do we really know where the money is coming from? Whether it's cash deposit or online transfer, we do not know for certain if it was the buyer itself who is paying us or his victims. Can anyone share a few tips to prevent such scam from happening?

Thanks for sharing, a13solut3. I'm still very much concern as there is still loophole even with providing picture proof. Example scenario, Mr.A pmed me to me ask for bank details to bank in RM60 to buy product from me but Mr.A instead use my bank details to scam other people. The victim Mr.B (who I do not know his existence) banked in RM60 or even RM100 (claiming no small note when using CDM). Unless Mr.B found a way to make himself known to me, I would proceed sending the product to Mr.A or refund the balance RM40 to Mr.A if Mr.B banked in RM100 because Mr.A could fool me by providing his fake picture with fake name, address, etc fake details as proof of payment knowing Mr.B had already banked in.

Same for online transfer like Maybank2u, unless Mr.B insert my email in the recipient email box, I wouldn't know who sent me the money. And even if Mr.B did, I get the name of Mr.B from the transfer receipt through Maybank email but Mr.A can brushed it off by claiming his brother/friend/relative is paying for him on his behalf. And after a week or more later, assuming Mr.B found me by google or something because he realized he has been scammed, it will be too late to stop Mr.A and I'll be in the same situation as TS

Yeah, holding funds is best solved within same day. If really fishy and cannot be solved, I agreed with you, opening a dispute thread so others can give more opinions on the matter is best course of action.

Mod, if my post is irrelevant to TS case, I shall open a new topic elsewhere to post this. I'm hoping to find a way to prevent such scam method happening and alert other sellers to be careful.

This post has been edited by Nam226: Apr 2 2013, 05:41 PM