Post
Topic
Board Currency exchange
Re: Pay me PayPal, I will give you BTC. Dispute it later, keep the profit.
by
dukester
on 28/04/2020, 23:17:32 UTC
When I send $100 USD to you, then I got $50 BTC from you. next 2 days I disputing you and got $100 + BTC, so what's your profit?

The real scenario is I sent $100, you fast withdraw your PayPal and disappear.

Exactly that would be the real scenario here.
First post offering such bogus activity.
I hope no one will take the bait from this user.
And this user will get his "karma" if he is already doing it and screwing naive users.


Under consumer protection law, PayPal has to refund you if you got "scammed" or "hacked", even if the "scammer's" account is empty. PayPal will take the loss, not you. So I'm screwing over big bad rich evil PayPal, not you.

Alternatively we can do the same with a credit card transaction. Make a few bogus transactions, get your BTC, say your card was stolen, and by law they have to give you back your money.

We can take it a step further, fake IDENTITY THEFT, take out a bunch of loans, and split the loot!

The idea is to take from the "rich", financial instutitions, and give to the "poor", regular people.

This is utterly disgusting and outright illegal. I am not even sure if you will be giving the "poor" your share of the loot. Stealing is stealing, no matter what the motivation is.