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PostPosted: Sun Aug 26, 2012 6:52 am 
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I am new to this Forum and have been reading about comments posted here. Although, the subject discussion is almost a year old I believe that high ticket items such as art, jewelry and coins should be handled by a third party such as an escrow clearing house in order to protect both buyers and sellers. This could be easily done by paypal. Is there any news regarding this misfortune? I hope that the seller was able to recover is money.

Good luck,

Lionel


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PostPosted: Sun Aug 26, 2012 7:02 am 
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Location: PA, United States
If your in the United States, contact your states Attorney Generals Office. This could be an international crime syndicate, or one just operating in one country. I too have fallen victim to this scam, however mine was with a cell phone and i did not lose nearly as much money. I lost 700. The guy sold me a phone and after 30 days he reported it stolen and once it was reported stolen it could no longer be used. Back then after 30 days pay pal told me there was nothing i or they could do. I called my Attorney Generals office, and they had told me the guy had done this 4 times already with 20 phones that he purchased through his company. I never did get a refund, but people out there are trash. Im sorry that you have to go through this, but remember documentation. Print all correspondence and make sure you have records of everything, remember if you dont have hard copies, then it never happened. Present all of the paper work to the proper authorities.


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PostPosted: Sun Aug 26, 2012 8:16 am 
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Flynnstone wrote:
Sorry for bringing this one back to life, but it appears that everyone continues to overlook the best solution to prevent this type of fraud in the future. STOP USING PAYPAL. If you are a legitimate seller with plenty of feedback, and are selling to a legitimate buyer, then there should be no issue with the buyer wire transferring the funds, or sending a money order directly to you.

With a disclaimer on your auction stating your authentic timepiece is sold AS-IS, with pictures documenting the product, it appears that the sellers risks would be minimal.


**** PayPal. They are a corrupt corporation that cares nothing about getting money. PayPal will almost ALWAYS rule in favor of the buyer regardless of anything else. I've lost a ton of money to PayPal selling and I only allow PP payments on high dollar items from buyers I already know or are well established. I also use one bank account at one bank in which I move the money upon payment so PayPal cannot automatically detract funds from my bank account which they are known for. For high dollar items, I strongly urge people to look into escrow systems.


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PostPosted: Sun Aug 26, 2012 8:18 am 
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lionel wrote:
I am new to this Forum and have been reading about comments posted here. Although, the subject discussion is almost a year old I believe that high ticket items such as art, jewelry and coins should be handled by a third party such as an escrow clearing house in order to protect both buyers and sellers. This could be easily done by paypal. Is there any news regarding this misfortune? I hope that the seller was able to recover is money.

Good luck,

Lionel


PayPal's escrow offerings are equally corrupt as the rest of the company. Seller protection is a joke at best.


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PostPosted: Mon Aug 27, 2012 1:14 am 
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From a buyers point of view though, I feel much more confident buying a 4k watch through eBay with PayPal price of mind. Sadly even on a watch forum someone could show you plenty of photos of a real breitling, take your mney and then never send anything. International claims over things like this would be very difficult.

Obviously buying over a forum you'd buy from trusted sellers, and talk to them by phone etc... But still the risk is there.


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PostPosted: Mon Aug 27, 2012 5:42 am 
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I will never sell a watch through PP again.


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PostPosted: Mon Aug 27, 2012 5:18 pm 
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I just pulled my watch for sale after reading this. I know that there are good people out there but if I took a loss that I don't know if I could recover.

I'd rather keep my watch for a little longer and then sell to a store. I might take a little less but that's ok.

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