Omega speedmaster 105.012-64 Scammer Alert on Chrono Trader avoid at all cost !!!

I wonder how many times these guys from South America sell the same watch? They spend $7000 for a watch and then sell it 100+ for $3500. Doesn't ebay get wise to this at all?

For those wondering what happens to the eBay account after the seller has been reported and found by eBay to be fradulent. This is what happens.



Before




After




Needless to say, that wouldn't be the last we'll hear of these Peruvian crooks.

Thank you for posting this, which will no doubt help others avoid these scammers. Sadly, this is exactly the reason why I don't generally choose to buy watches outside of the UK (as a UK resident) from private sellers who don't have fantastic credentials, unless it's for seriously small amounts of money. While there are mostly decent people the world over, your chance of getting scammed increases exponentially when working outside of your home country. Of course, not suggesting everyone here in the UK is a straight-up-kind-of-chap either!

I wish you the best of luck with this, and hope it doesn't turn into a hard lesson.

Ooh, you cynic! I've always trusted big corporations to have my personal interests at heart, their fat cat bonuses are just icing on the cake surely?

Good luck, I hope you can get this sorted.

Echo the above, good luck, will keep a look out for any updates to this thread.

Thanks for sharing this Baron. Guess we will always have to look out for each other to avoid this kinda scams.

As the seller couldn't provide any evidence that the watch was sent to me, or that I teleported to his house and stole it. The monies were to be refunded to me. Thanks for listening to my story guys and for the support. Really appreciate it! Stay safe my friends!

This time it was Bad Guys $0. PayPal $0. Me $3,500 returned. As the money I sent was never released to the Peruvian crook to start with. It was held in escrow until 29th August. And since I created a claim before that date, the monies were never released.

Well shit...glad you got your money back.

Great news!

PayPal's fees gut me whenever I've sold but it's easy to see their value when situations like this arise.

Thank you my Liege!

good news
and very interesting...

A valuable lesson that has been preached 1M X - Buy the Seller!. Don't ever wire funds, western union, etc. unless you know the seller or they have very solid recommendations! Buy with PayPal, and using your credit card as payment method. You have two back-up's of defense should something go wrong. Glad that this situation worked out for Baron, and hopefully eBAY and PayPal have shut this guys accounts down. (At least for now 🙁

I totally agree with buying the seller. Said so often it's almost a cliche, but that's because it;s so true.

Sadly, the above regarding two backups for defence (I'm guessing you are US-based with your version of the spelling) is more complicated - contradictory, even - in the UK (I have no idea about other countries) and so I think it's important that UK users of this forum understand this.

Under UK law, Section 75 of the Consumer Credit Act covers transactions made by credit card between £100-£30,000, and makes the credit card company 'jointly liable' with the retailer. This is wonderful protection and means any non-performance, for any reason, by the supplier of goods or services can be reclaimed by the consumer against the credit card company. (I have used this myself on more than one occasion.)

However, Section 75 ONLY applies where there is a ‘direct relationship’ between a debt and the product. PayPal 'breaks' this relationship and makes it 'indirect'. As the Ombudsman says:

"Although PayPal appears as the merchant on the cardholder's statement, it cannot be seen as the supplier in a debtor-creditor-supplier agreement under Section 75 because it merely acts as the payment intermediary by transferring the money from the buyer's account to the seller's account. Therefore it breaks that chain to be considered under Section 75."

Having said this, consumer rights still apply, there is of course PayPal's own protection, and there is still benefit to paying by credit (or Visa debit) card when using PayPal as you can still use the chargeback in most situations where goods are paid for on the card (such as on eBay using PayPal). However, chargeback is at the credit/debit card company's discretion to apply the card processor's rules (Visa and Mastercard), as opposed to being guaranteed coverage under the law with Section 75. I know which I'd rather use, although chargeback can be used on amounts less than £100 too.

Hope this helps for UK people - my personal preference, where I can, and the goods are over £100, I pay directly for goods DIRECTLY with credit card and not with PayPal. Of course, your view may vary and this doesn't constitute advice.