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New ebay Scam...

Speedmasterfan88
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There must be more to this.
A flaw in ebays system or some trickery used by the scammer.
I refuse to believe that with just banking information one can set up a guest PayPal account and start shopping.
There are countless businesses and Institutions that have their banking information made public on their homepages. One could just grab that and go shopping in the name of Deustche Post for example.

Please keep us updated.

Cheers,

Max
 
Tony C.
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Speedmasterfan88 Speedmasterfan88
There must be more to this.
A flaw in ebays system or some trickery used by the scammer.
I refuse to believe that with just banking information one can set up a guest PayPal account and start shopping.
There are countless businesses and Institutions that have their banking information made public on their homepages. One could just grab that and go shopping in the name of Deustche Post for example.

Please keep us updated.

Cheers,

Max

Exactly.
 
Dan S
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Rodsch Rodsch
In Germany you only need the IBAN number, no name, no adress

Yes, I understand that, but the concept is similar. The number is still just identifying a particular bank account. This is not secure information.
 
Meme-Dweller
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This is simply not possible.

To use a bank account like that on PayPal, they will deposit and withdraw two amounts under $1.00 (ex. $0.33 and $0.67) to confirm your account. You will then need to tell them the two amounts.

Either the OP got tricked into clicking a phishing email then giving away his PP credentials, or there's some sort of reason he's fabricating a story like this.

I don't even think there's an eBay/PayPal system to give the buyer your wire info for a purchase. They don't care, it's either payment through PayPal or you're on your own and you have to message the buyer directly with your bank info.
 
Dan S
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Or his PP account was hacked, which happened to me once. Could just be a coincidence that it happened at the same time as the eBay thing.
 
Speedmasterfan88
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Meme-Dweller Meme-Dweller
I don't even think there's an eBay/PayPal system to give the buyer your wire info for a purchase. They don't care, it's either payment through PayPal or you're on your own and you have to message the buyer directly with your bank info.

Correction: (at least this is the case for professional sellers).
Ebay has our banking information, If I chose to not accept PayPal on an item and only give Bankwire as a payment option;
Ebay will automatically provide the auction winner with our banking info and payment Instructions.

Cheers,

Max
 
kov
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Speedmasterfan88 Speedmasterfan88
If I chose to not accept PayPal on an item and only give Bankwire as a payment option;

From what I could read here and there, this is not possible in a lot of countries where PayPal seems to be enforced.
 
Speedmasterfan88
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kov kov
From what I could read here and there, this is not possible in a lot of countries where PayPal seems to be enforced.

I know, but as @Rodsch is from Germany as well, it might apply here and could be relevant to solve this mystery scam.

Cheers,
Max
 
Rodsch
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Speedmasterfan88 Speedmasterfan88
Correction: (at least this is the case for professional sellers).
Ebay has our banking information, If I chose to not accept PayPal on an item and only give Bankwire as a payment option;
Ebay will automatically provide the auction winner with our banking info and payment Instructions.

Cheers,

Max
It is exactly like this.
 
kkt
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Dan S Dan S
I don't understand this thread. The information required to send a wire transfer is the same information that is on any standard check that one would write, name, address, account number, routing number, etc. So you're saying that anyone who has one of your checks can open a PP account in your name and charge items to it?

Some banks use different routing numbers for incoming wires and outgoing wires, so there's a modest concealment of some of the information.
 
GTveloce
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I am an American been living in Germany for over a decade, and all of my banking since the move done here in Germany.
@Rodsch I'm having a very hard time understanding this, it sounds like they've gotten hold of more information than just your account.
In Germany bank account information is very open to the public.
Quite many businesses even post it online under their "About Us" information.
If all one needed is the IBAN to access an account open a Paypal and use funds then the whole country's economy would collapse!
Very concerning but I think as said above there's something missing here.
 
GTveloce
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kkt kkt
Some banks use different routing numbers for incoming wires and outgoing wires, so there's a modest concealment of some of the information.
Perhaps in some cases that helps but still the standard American check is actually less secure than any wire transfer... as stated it contains your bank address, your address, all your account and routing information and even your signature!
 
DLT222
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gatorcpa gatorcpa
Which is why I refuse to use bank transfers.

For anyone.

With me, it’s a credit card, PayPal or we don’t do business. No watch is worth that kind of hassle.
gatorcpa

Ironic - Ive been taken for £7895 through PayPal/ebay. Even ebay say that is was fraud, will they give me the money back - NO, because the package was signed for. So a speedy down and a lesson learnt from back in 2013.

Now, i'm bank transfer only or we don't do business - Simple as that.
 
gatorcpa
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DLT222 DLT222
Now, i'm bank transfer only or we don't do business - Simple as that.
Then I guess we won't do business if there is no way I can protect myself against fraud on my end. Too many "porch pirates" in the US.

If this were me, I'd be suing eBay. They would get an attorney's letter and settle.
gatorcpa
 
GTveloce
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I don't have much love for banks... but at least with a wire transfer IF you do get scammed there's a much better chance being compensated from the bank than from PayPal or Ebay!
 
gatorcpa
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GTveloce GTveloce
but at least with a wire transfer IF you do get scammed there's a much better chance being compensated from the bank than from PayPal or Ebay!
Here are the steps to recover wired funds from a fraud within the US:

https://ltaz.com/office-tips/steps-to-require-from-wire-fraud

Basically you have to prove fraud before you start.

I have no clue what you would need to do on an international transaction and don't want to find out.

PayPal or credit card only for me.
gatorcpa
 
GTveloce
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gatorcpa gatorcpa
Really, I've not heard of this in the US. Generally, when the money leaves your account, it's gone unless you get a judgment from a court in the proper jurisdiction.
gatorcpa
Not in my experience. Years ago when I was still living in USA (California) had a Bank of America account, someone went on a little shopping spree then bought themselves a Greyhound bus ticket out of town! Took a while but after proving my whereabouts didn't match the purchases got my money back. No courts and no cops involved.
 
gatorcpa
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GTveloce GTveloce
Years ago when I was still living in USA (California) had a Bank of America account, someone went on a little shopping spree then bought themselves a Greyhound bus ticket out of town!
OK, in your case, you never made the transfer in the first place. I doubt BofA is recovering any of the money they laid out from the receiving bank. They are simply reimbursing you for identity theft, similar to the theft protection on a credit card. Then BoA gets reimbursed by their insurance.

What we are discussing here is not identity theft. There is no question that you are making a wire transfer and the bank followed your instructions. At that point, the bank is done unless the police or FBI (more likely) tell them otherwise.
gatorcpa
 
GTveloce
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gatorcpa gatorcpa
They are simply reimbursing you for identity theft, similar to the theft protection on a credit card.
I do see your point.
But still maintain in case of issues I'd rather deal with a bank manager in any jurisdiction rather than Ebay or PayPal Customer Service.
In any case I hope Rodsch can shed more light on this because it's very concerning for everyone, whatever one's preferred method of payment may be.
Edited:
 
kov
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Rodsch Rodsch
The "buyer" received automatically from ebay my bank details to arrange the wire transfer.

You might consider removing your e-banking login credentials from those details in your eBay account settings rcain.gif
 
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