Recently, there're alot of paypal fraud cases. Paypal accounts were stolen, and the handicapped thieves *that can't work to earn money, but steal to live* sold the stolen fund and converted to RM to their own bank accounts. And this is how they steal paypal accounts (see right handside attachment 03.jpg).

They sent mails from:
customers_notice@upaypal.com

And in the mail, it says "To update your PayPal® records click on the following link: http://paypal.com/cgi-bin/webscr.3011". But in real, when u click on the link, it will bring you to:
http://cpe00045a812ddc-cm00111a5bb24a.cpe..../Pay/index.html
(You can login to that fake paypal with any password!)

Extra note:
Don't buy those stolen/unauthorized fund. Owner of the paypal account can report to Paypal, and Paypal will hold the fund even if you've accepted them - but u've already banked in RM to the thieves. So, owner nvr rugi, thieves untung, and you're the only rugi one. It happened before. See this thread. And it almost happened to me too, and i got informed by paypal tat the fund is held (see left handside attachment 04.jpg).

How to prevent from buying unauthorized fund?
I have no idea. Hope people can share their opinions here. (Dont tell "dont buy Paypal fund then", bcoz we're buying. Dont tell "buy from seller with good reputation", bcoz sometimes they just run out of fund, and we should give some new seller chance?) Just share how to minimize the risk to the lowest.

What i usually do:
I'll ask the seller to send me a mail from his paypal email address, at least i can confirm that he "owns" the email (Thieves that use the method above to steal paypal accounts may not have access to the actual mailbox.) And, i'll divide the transaction into a few times, so that each time i will only need to transfer a small amount of money to the seller's bank account - Then if the seller runs away, i lose less money.

This post has been edited by shark: Jun 30 2006, 05:17 PM


Attached thumbnail(s)

thanks for your guidelines. I've been reading on the lelong paypal fraud case too, so now i'm more careful than ever.

for a genuine paypal seller, i suggest this;

grab some screenshot of your email, paypal & maybank2u login screen, just blank-out the amount & figures. using mozilla or firefox tabbed browsing works the best - potential buyers can crosscheck the email, paypal & names detail to verify your identity.

This post has been edited by acougan: Jul 1 2006, 07:05 PM

Seems like another conman committed paypal fraud;

http://forum.lowyat.net/index.php?showtopic=308959

Well, i always believed paypal buyers have zero protection in this kinds of trade. This time, even paypal seller got cheated!

Come on now! if u r indeed genuine seller or buyer, a little transparency is not too much to ask. If u r dealing using fren's, family or company's accounts - be upfront & honest about it. If u r dealing using your personal account, no harm sending some screenshots of your email, paypal & maybank2u login screen to verify your identity. Sellers & buyers should be ethical and keep such information as records but P&C please.


Verifying buyer|sellerID & names via paypal
1. 1st exchange paypal email address
2. send a USD1 request, then cancel it
3. in the request details, both parties can verify each other's name


Steps to protect yourself from screenshot fraud;

1. take an unusual picture. don't share or upload for others. pict reusable many times
2. layer this picture across all the scans/screenshots/receipts as proof of identity.
3. add textual info on the screenshot to verify buyer|seller

samples;








I can think of only 2 loopholes regarding screenshots.

1. Photoshop experts can subtlely alter & present fraudulent info on screenshots regarding their email, paypal, & banking acc.

2. Seller/buyer who are 'blessed' by non-creative parents with a super common name like Wong Ah Kow, Tan Ah Kow, etc. etc., better dont trade online. Their identity can be easily stolen for fraud by the other Ah Kows.


/

This post has been edited by acougan: Jul 20 2006, 11:15 AM

Well...have u think of it this way?

One person has 2 paypal account A and B..
One is main account A and another B is used to make fraud..
1st A transfer money A to other account B and use it to sell to other ppl.
Then he reports fraud and B get suspended....

He earned..

Btw....u doesnt need to verify credit card to send/receive money...only for unlimited send needed

Don't quite catch you. you mean open a acc A (verified v CC) then transfer to acc B (non-verified)? tat way, account B can only cheat USD100 total, isn't it?

How to report stolen funds to paypal? don't u need a stolen CC report? if u go tell them ur PC full of spyware and ur acc A has been hacked, paypal will believe & compensate u? most probably, they freeze accs A, B and all those funds sold out from B.

anyway, all those who have witnessed paypal frauds & schemes, discuss here, so everyone can be more prepared.

This post has been edited by acougan: Jul 4 2006, 03:06 PM

Yes, actually I do send a screenshot to the conman, and guess what? He uses the screenshot and claim the money from other exchanger. Well, currently we are the another party that receive the money from the conman is helping me to clear this situation.

And I also want to let ppl know that I'm a genuine seller. I've a e-commerce site and receiving donation and payment from people. And I'll sell the fund in exchange to RM. Currently my paypal is not verify. Plan to do so later (still studying :sob :sob no credit card).

as a seller, after u send the screenshot, u have the right to ask a screenshot back from ur buyer to verify. all these 'man-in-the-middle' con jobs very infamous at trading sites lelong and ebay and even here, it seems.

i respect u selling ur coding projects for funds. hopefully, the other party will recognize who's the conman here.

This post has been edited by acougan: Jul 4 2006, 03:04 PM

Can we have some tips how to avoided being cheated?
Lets say the seller is in same location with buyer..and not taking into consideration the paypal are stolen, like the above dispute thread.

Both Seller and Buyer meet at a place with pc..
Buyer initiate by sending "request money" to Seller..
Seller accept and transfer money to Buyer account..
Buyer close deal with paying cash..

Looking at all the conman cases lately, i've got a theory. With all those loan sharks & bookies on the prowl lately, it won't be suprising if some of them are tech-savvy. As part of the operations, they have copies of their debtors IC and bank acc#. Since most of their debtors are constantly being harrassed for daily payments, i guess some are coerced into accessories of fraud.

So ppl beware, a copy of IC and verified bank acc# is also no guarantee. Trade safe!

Ofcourse not guarantee lah..
Ppl can run and hide and police dont give a damm on small matter.

Next time I should be more carefull, look for trader with good reputation and so on. Just hope that I still can earn money frm my selin of the coding project bah. Now wasted my one month expenses. :cry :cry

the other party is "http://moresales.com.my/" right? did the person in charge of that site listen & understand ur case? they were the ones who bank-in to "LAM CHEE CHOONG" acc#, right? maybe, they can reimburse some back to u.

He did. He listen to me and even contacted maybank, thats why I got the details of the people doing this. The conman trnsfer the money for few round b4 going to his own account. The moresales guy even went to maybank to give explaination and try to get back the money.

I tried going to the fraud paypal site and it was blocked by google toolbar. There is a message from googlebar saying that it's potentially a fraud website. Cool! Another reason to use firefox and googlebar extension.

Lolz really?
Could be due to the site has alot of "fraud" wording.

This is Lam Chee Choong, I can be contact at 012-3353060/lamcheechoong@gmail.com

I've been judge without a chance to defence myselft. If you guys need clarification do contact me. I am also a vistim at this case

U got a chance. U can defend/clarify yourself here. We look forward to ur explanation. Too tired for you to explain again and again to different people if we contact u seperately.

Finally, this is my side of story ...

I post a thread to sell celcom XPAX vip number 0193623333
XPAX

then this Conman contact me and offer me, so i accept the offer and "he" transfer RM RM 100 to my maybank account. Then suddenly he request for refund given the reason need cash urgent so I refund the money to him lor
this is the receipt
 Funds_Transfer_to_3rd_Party_Account.pdf ( 63.61k ) Number of downloads: 74


... case close for that day. then suddenly the next day i receive a call from maybank subang telling me that somebody wrongly transfer money to my acc# and wish for reimbuse, I contact the person Mr Han Chung Kit (0123769116) for clarification, then from Mr Han I know the con case and I know i was being used to help the con case. I am also a vistim here

I notice this post when my friend told me and i was supprise that i was being judge without a chance to denfence myself

That i had to said... for now

Thank for reading the post and i wish to clear the mis-understanding and my reputation at LYN

This post has been edited by lmcckl: Jul 13 2006, 01:07 AM

I almost forget i still keep the PM the person who ask for refund at the first place... the LYN id is "ServerDown". Guys Please Take note

hi, if u r indeed a victim of identity theft, or identity confusion, its best u if u can attach all appropriate screenshots/PMs/messenger logs/sms/bank-in receipts.


pls help expose his nick/names/contact info/bank acc#/etc

try to contact forumer zorex & p_otential_c for clarifications.


This post has been edited by acougan: Jul 17 2006, 11:46 AM