Is this a SCAM or am I covered under paypal?
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I bid on a item and was outbid. I then received a second chance notice from ebay to buy it. When I clicked it, it said I lost the chance even though it was only 2 hours from the auction end.
I contacted the seller and this is his reply:
If you want i can send you a money request through Paypal. Paypal is a Legitimate business that will make the transaction secure. If you approve of this, I will then have to provide you with the Delivery Confirmation #, that you can use to Track down the package. Paypal will not release the money to me till you receive shipment and feedback is giving to me.
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I just found the answer and while I am covered, it all depends on whether or not the buyer has the funds in his account to get it back.
10 bidders at $450 dollars, $4,500 account closed while waiting for item to arrive. Never get it and the buyers are out of their money.
I say scam and not going for it.
The Buyer Complaint Policy is PayPal’s process to help you resolve a problem directly with the seller through the PayPal Resolution Center for purchases that are not eligible for PayPal Buyer Protection.
Even though you may escalate an Item Not Received Dispute to a Claim, you are not guaranteed recovery. If the Claim is decided in your favor, your recovery is limited to the amounts that PayPal can recover from the seller's Account.
LOL anyway, at least I found the answer and hope this helps someone else in a simliar situation.
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What the seller was also doing is against ebays policy's and would surely get his account limited then banned.
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Generally, when someone goes out of their way to tell you that they're a legitimate business, they're not.
Legitimate businesses don't need to tell you that they're legitimate.
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