Ok, I fell for a scam, first in my 51 years lol. Well first where I lost money.
I know the account which is fraudulent (was able to track back the communication with the guy to India). Now i know i can't get my money back since i am an Idiot and used Friends and Family. Now I want to make sure that Paypal closes this account but I find it impossible to find the option to report it.
The lady on the phone just told me go to your bank and see if they can help you. Seems not to care that the Paypal account I paid the money to is fraudulent. Any ideas?
Sorry but they are not going to ban someone for accepting a 'gift' of money sent by you to them.
And a friends/family payment is just that a 'gift' of money and nothing expected in return.
A friends / family (or gift payment) is intended as a transfer of funds from family or friends to one another. For this reason, there is no processing fee when payment is made with bank or PayPal balance. However as it is a gift payment, there is also no buyer protection as no goods or services should have been exchanged.
If he was not a close mate or family member you should never use that option as it enables the seller to evade paying his Paypal fees and negates your buyer protection at the same time.
You would also not be able to open a dispute (apart from one citing an unauthorised transaction), which would be automatically closed as you did authorise the initial payment.
Be careful as using that option for purchasing goods is against Paypal rules and can lead to account limitation.
If you funded your Paypal payment via a credit card then contact your card issuer and see if they will help you but unfortunately they may decline as well as it was a gift payment.
Advice is voluntary. Kudos / Solution appreciated.