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Re: I owe PayPal $62,000 because of a scammer, please help!
 

OP cant be selling ⊗⊗⊗⊗ Rolex or name brand Swiss Watches,so what is the brand he is selling?

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Since the buyer used Paypal to buy $62k worth of watches,he must have an established account and Paypal can look into his past activities if he is a scammer,but Paypal would not share the information with OP.
The buyer cc issuer should also be able to look into his past history .
look into his Ebay ID and see what he has been buying.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

You’ve set yourself up for this albeit, unwittingly.
You took your buyer off eBay to PayPal.
You traded $62,000 inside the chargeback window of 180 days with one buyer.
The market for authentic watches would be saturated to the point that you and one buyer wouldn’t be exchanging $62000 in 180 days. This watch appeared to translate to a load of $$ for you and your buyer — a classic signature of knock-offs.
Although you’re telling the story from your perspective, the buyer is emerging to be a victim.
But my biggest sympathy goes to your partner. Imagine waking up to a debt of $62,000 through no fault of your own.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

well,his partner willing to let someone uses his Paypal account,he knows what he is doing,probably get a slice of the profit.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Big money dude

Re: I owe PayPal $62,000 because of a scammer, please help!
 

If you cover below points have good chance to win:

1) You said watches are authentic, so you must be having your purchase slip and all.
2) If these are authentic, probably can match by code/serial from inside. Ask him to provide or get confirmation letter from supplier.
3) You also deliver him samples, so they must be matching with your delivery.

And for all above preparetion you need lawyer support. Also get a proper letter from your partner as using his pp on his behalf, ( kind of power of attoney ) .

But i also assume, a good businessman won't backfire such amount ( on legal ground) until pissed on really some issue.

Good luck :)

Re: I owe PayPal $62,000 because of a scammer, please help!
 

why would some established US wholesaler/distributor/reseller order 500 BRANDED (Michael Kors) watches from someone in UK he does not know who ordered from CANADA,unless the prices are too good to be true?
And after filing dispute with his cc issuer (not Paypal),he wants more -Seiko watches.!
If these are genuine Michael Kors/Seiko watches,the manufacturers must have records whom they sell to and that buyer must have an account with them.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

I bet you he is not going to get a letter from his Canadian supplier that these 500 Michael Kors watches come from Michael Kors!!!

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Man, it seems like you sold a junk product and did not expect any blowback. 3.7% returns means really bad items.

I feel sorry for you but in all honesty, your buyer seems to have a valid complaint. I know if I purchased a product and was getting 3.7% returns, I would be contacting my financial institute to get my losses and reputation back.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Not sure what exactly, but you better fix it because for $62k, PayPal is likely to turn this debt over to their legal recovery if not resolved in your favor.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Exactly, for 62k in debt this is going to court 100%. They have your real info and even if it was a stealth account(Its not), its not hard to track down bank info etc...

You better get this figured out real quick, because if they are ⊗⊗⊗⊗ and 62k worth, you will be looking at criminal charges if this goes to court.

I just want to add, the truth has come out, you were selling false trash. Why do you come in here and lie acting like you sold legit goods?

At least be honest, that is something I could respect, I can't respect selling false goods AND you can't even admit it. Pathetic. I hope they throw the book at you and your partner.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

He is in UK,he is using a US friend 's paypal account to accept payments.
His friend is not going to pay,he will walk away but get letters and phone calls from collection agencies and his credit rating would be dinged.
For that kind of money,would Paypal take the paypal account owner to court first?

Re: I owe PayPal $62,000 because of a scammer, please help!
 

UK is even worse. People in UK go to prison for ⊗⊗⊗⊗ goods. I remember a guy not too long ago on here, did some pretty serious time in jail.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

For 62k PayPal will launch a full investigation. This will be in court, the full truth will eventually come out.

That is why it would be in OPs best interest to resolve this quickly, no investigation that way. I guess he can't afford it though. Being in the UK, he is actually more exposed. They have much harsher laws on ⊗⊗⊗⊗ goods. A guy from this forum did serious time over ⊗⊗⊗⊗ Apple chargers. the thread is still here somewhere. He was UK located.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Since his buyer is reselling these watches,if they are counterfeit,wont the investigation get him involved as well?
maybe OP can ask him to withdraw the chargeback and the 2 parties settle outside Paypal

Re: I owe PayPal $62,000 because of a scammer, please help!
 

If there’s a true of this story PayPal will open investigation and reach to the law enforcement obviously the owner of the PayPal or who ever their information attached to that PayPal account they will go to court

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Hey phazorz, check your DM's when you can mate. Thanks.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Absolutely agree with this.

One of my biggest doubts I had signing up to this forum was that it was full of fraudsters. Fairly sure we have lots of people reading this forum but not signing up for that reason.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Could not agree more with you guys. Helping crooks actively hurts people that run stealth for legitimate reasons(eBay being a dick).

Anyway nobody can help this guy unless they send him 62k. He is screwed.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Well,no one wants to go to jail.
I still think this buyer is reselling counterfeit watches to others who sell on WMT and other venues,he sure does not want to be investigated.
if what OP is telling us,after filing chargback of 62K ,which involves 500 michael Kors watches,he inquired a large order of Cassio watches!!!!!!
HAVE the guy whose Paypal account is hit,he is in USA,call him and ask him to with draw the chargeback and settle outside Paypal.
(The buyer is in USA,he is filing chargeback because he cant sell them,he is in trouble)

Re: I owe PayPal $62,000 because of a scammer, please help!
 

fine with me,unless you intend to cough up $62k as a good samaritan,
or is this just more gibberish?

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Get a lawyer.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

I do recall a case awhile back out of Florida, it was a civil suit brought from a collection agency assigned by PayPal to recover funds owed, and it was a lot less than $62k.

There tends to be a possibility if the amounts are large enough they won't charge off the debt and reassign, it might be dealt with by their in-house legal team.

The OP is best advised to consult with either a Consumer or Business attorney asap.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Scammer gets scammed

Re: I owe PayPal $62,000 because of a scammer, please help!
 

OP said he always send buyer a sample watch before filling the large order,it sounds like they both know these watches are counterfeit!
I would still say ,call this buyer and tell him to settle outside cc and Paypal.
Any investigation can drag the buyer in,as he is reselling these watches to buyers who then resell on WMT and get many returns.
the buyer bought 500 Michael Kors watches,I bet you most of them can be found on various internet sales venues!
And he is interested in buying more,Cassio watches!
and what about the guy OP bought from,he is in Canada,he could be dragged into the investigation too,where did he get 500 Michael Kors and Casios watches?probably from China!

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Maybe TinSoldier could cough up $62k !

Re: I owe PayPal $62,000 because of a scammer, please help!
 

You're like a parrot @agent006140 you keep repeating the same points over and over again across multiple posts. We understand what you are saying, take a break.

Looking at the OPS previous posts on this forum he is clearly a VERO seller. His buyer knows exactly what he was buying but also knew he could get away with this scam all day long.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

I agree, something about the OP's story on those watches doesn't add up.

For high value collectibles and items of the sort, and I can tell you that that the sourcing has a definite, and easily verifiable trail. If the goods were truly legitimate, there should be no problem providing ample proof and counter this not as described charge back claim.

On the other hand, if PayPal decides this case is worth pushing after losing the charge back, the $62k might be the least of the OP's issues. PayPal might wish to involve the authorities for pursuit of a possible criminal matter if they decide fraud was involved. In that case, you will need a criminal defense attorney. This type of thing can blossom into a myriad of other issues; interstate commerce fraud, bank fraud, tax evasion, money laundering, theft by deception, etc. If the OP is in the UK, other more harsh penalties come to mind. Seek legal advise asap.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

you sound like a parrot too,should we get together?
The reason I repeat some of the infor is because some folks dont read the entire thread,they just jump in and say do this and do that.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

There you go,500 Michael Kors watches,can be traced back to the manufacturer,Call mike !
And Mr Cassio is waiting for his large order !

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Nothing more to be said here. Best advice to OP is find a good lawyer ASAP and OR make this go away as fast as possible so PayPal does not start a full-blown investigation.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

OP, one thing you need to know is that since PayPal handles massive amounts of money that cross borders, as a money transmitter they fully cooperate with law enforcement. In fact, they have entire departments and teams set up just for this endeavor.

I am referring to PayPal's Global Investigations Team. More information here:
https://www.paypal.com/us/webapps/mpp/law-enforcement
** WARNING - PAYPAL LINK **

What I'm getting at here is there is more to PayPal than meets the eye. They are quite proactive in helping prosecute cases of suspected fraud if it involves their platform. It doesn't matter what country you are in since the Global Investigations Team works with law enforcement internationally.

I'm not trying to scare the OP, only stating facts.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

There is this Ebay seller who sells but never ship,but upload tracking.
Someone must have snitched and FBI investigates and found out he is receiving fund from foreign ISIS affiliated org to fund US OPERATIONS.
Both PAYPAL and Ebay co-oprate with FBI

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Come on, guys, what did I say to lead you believe that I am selling phakes?

I did not try to scam anyone or lie to anyone here, the buyer came to me and asked me to source him branded watches, my supplier is an authorized reseller for Movado watches that's what I was selling on eBay only, I just don't have any experience with MK and Seiko watches, I bought off these watches from a guy in Canada and resell them to the buyer, I did not make much money as I just wanted to keep the business relationship with the buyer, I am not sure if they are real, so I let the buyer to find out, I have no intention to sell knockoffs to anyone, why people here are so sure about what I was selling?

Anyway, lessons learned, I want to thank you agent006140,there are lots of useful information you've provided, I will try to solve the issue with the buyer without any third party involved and I will send the update here.

Also my business partner not just let me use her information, we set up LLC in the US for PayPal sales taxes, she got 50% in eBay sales profits.

Re: I owe PayPal $62,000 because of a scammer, please help!
 

Ignorance really isn’t a defence I’m afraid

If you sell something to someone then it’s down to you to do your due diligence

Re: I owe PayPal $62,000 because of a scammer, please help!
 

James, I agree, it's my mistake, but what about the buyer who resells the watches for over 6 months? he wanted all the money back, is it really fair?