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Originally Posted by doughboykilla The way i see it if the sellers want to sell there money packs on ebay for $50 more then the cost of the card then the risk of fuard is the price the seller should have to take. Cause most people in there right mind wont buy a money pack thats worth $200 for $250 on ebay when they can goto almost any station or walmart and get it for $204.95. | You wanna know why people pay more? Just as there is a market for stolen credit cards, there is a market for stolen PayPal and eBay accounts.
A thief gets a hold of a PayPal account with money in it, but the money can be hard to move out of PayPal to a bank account. It is not quite as hard if the the buyer is purchasing something on eBay. A Money-Pack is IDEAL for these people. They get emailed the number, put it on a stolen prepaid card and withdraw it from the ATM. All of this happens very quickly. By the time the rightful owner of the account even knows his funds are missing, they are long gone with the cash.
That is why the seller mentioned had 18 fraud cases opened and is also why they usually only want to mail the Money-Pack numbers to a physical address that has been confirmed with eBay.
But this is why the thief does not care how much more the Money-Pack costs. $204.95 or $2049.95, it is all the same to the thief.
Actually, I am amazed that eBay allows this at all.
Last edited by jeffweico; 11-15-2011 at 05:28 PM.
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