Holding funds

[Robin166]

I received £30 for something I sold. PayPal said I need to update my account so needed to send £200 and would be credited £230. PayPal is now asking for £300 and would be credit £530 but I don’t feel comfortable with it. How do I cancel and get my original £200 back?

[kernowlass]

@Robin166 

Sadly you have been scammed.

You never pay any upfront fee as a seller or to receive funds.

Ignore scammers that send fake Paypal emails telling you that you need to pay an upfront fee to verify/upgrade/or any other reason to 'accept' a payment.

You would certainly never have to send funds via another payment processor/bitcoins/ or tokens/vouchers of any sort.

Any fee is auto deducted by Paypal at the same instant the remainder of the payment is credited to your Paypal account balance.

No funds in your balance = you have not yet been paid, even pending/held payments will still show in your Paypal account activity.

[Robin166]

Okay, thanks for this. Is there any way I can report it or anything. Or is it just completely gone?

[kernowlass]

@Robin166 

How did you 'send' the funds requested?

[kernowlass]

@Robin166 

ok guess you have sorted it. 

[Robin166]

No sorry. It was send as a ‘refund’. Do have the screenshots. The guy who send me the first £30 keeps saying they are ‘holding’ the £230 until I send £300 for insurance as it’s a business account