Topic: Anonymous PayPal accounts (Read 19364 times)

That's true and most people who use Paypal anonymously don't do anything illegal, it's mostly to overcome eBay limits, but one shouldn't rely on somebody else to create their Paypal accounts for them. That's a huge security risk, because even if you change your password, he could still try to blackmail you later on by threatening to rat you out. If you want anonimity, it's best to create a Stealth PayPal yourself. I personally have used these anonymous reloadable debit cards for Stelath PayPal. They work like a charm with PayPal and show up as debit cards, not prepaid.

No doubt. Money services have a legal obligation to KYC/AML.

But I know of several people successfully using stealth accounts, mainly for eBay sales. Many of them have hundreds of accounts.

And most have never had a stealth account limited/suspended. And zero of them have ever been to prison for money laundering, or even suspected of it for that matter. Point is, if you use it correctly, you cannot be caught. There are certain activites that draw attention to your PayPal account and using a stealth account is based upon knowing those activities & patterns and avoiding them. Someone with much experience and knowledge has written a book on this and his practices are proven to work.

All the OP is doing is marketing a service for people who may want to use it. Being familiar with this, I felt like weighing in. Didn't think I'd be in here debating with people.

^lol true true..

PayPal's financial services licences require them to comply with AML and other financial reporting requirements.  They will report accounts suspected of being opened with fake credentials, and regulators may well view the offering for sale of the means to obscure true ownership of PayPal accounts as facilitating money-laundering activity, tax evasion, etc. 

Purchase "stealth" accounts at your own peril.

Card issuer is not a bank. Plus, stealth users do not use the PayPal Debit Mastercard. There are ways of cashing out that do not require obtaining a card.

As for 18 USC 1030(a)(2)(A)...

I think you may be overlooking the most important word of my sentence you quoted, which is "stealth." A properly used stealth account cannot be traced to any other person. This means going through several steps to ensure PayPal does not link you. There is a whole e-book written on this topic, which I have read. I am familiar with everything you typed. Thus, if you cannot be connected to your stealth account, there are no legal ramifications.

PayPal's TOS calls for account termination of anyone who uses "untrue" info to sign up. No jail time for using stealth accounts folks.

"Registration Information. You agree to provide true, accurate and complete registration information and to maintain and promptly update your information as applicable. You agree not to impersonate any other person or use a name that you are not authorized to use. If any information you provide is untrue, inaccurate, not current, or incomplete, without limiting other remedies, PayPal has the right to terminate your use of the Service and PayPal, its agents, suppliers, and subcontractors have the right to recover from you any costs or losses incurred as a direct or indirect result of the inaccurate or incomplete information. If your application is for a Premier or Business account, you may be required to furnish more detailed information in order to be in compliance with VISA/MasterCard rules. If any information you provide is untrue, inaccurate, not current, or incomplete, without limiting other remedies, Wells Fargo and the VISA/MasterCard associations have the right to require that PayPal terminate your account."

They are a "card issuer" per 15 USC 1602(o).

Except that you're not the person authorized to use the account. See 18 USC 1030(a)(2)(A).

I don't live in the EU buddy. Maybe I should havce specified- PayPal isn't a bank in the US.

Anyway, you are clearly trying to jack the OP's thread and push your CryptCard.

[/quote]

From July 2007, PayPal has operated across the European Union as a Luxembourg-based bank.
[/quote]



Interesting

If you never leave your real name, using home PC is 100% safe. Which is not about public proxies and VPNs (PayPal have most of the in blacklist and will block your account).

Great post!


From July 2007, PayPal has operated across the European Union as a Luxembourg-based bank.

Very well put sir

People in here are a bit confused as to the legality of this. Let me clear it up...

What the OP is selling is useful and completely legal. Anyone who has ever been limited or has had funds frozen by PayPal knows this would be a useful service. PayPal freezes the funds of SEVERAL legitimate merchants anytime they want to just because they can, then they hide behind bs excuses to justify holding your funds for 6 months.

There is nothing illegal about lying to PayPal. They lie to their customers all the time. They are not a bank, they are not a governmental entity, therefore there is no legal ramifications that come along with using "stealth accounts." The most that will happen is they will find out you are using one if you are sloppy, then they will suspend your account.

As long as you are not stealing/getting ssn you are completely fine. The idea behind the products the OP is selling is that the info is not stolen from anyone, but it is created/custom made. There is actually a whole community based upon using PayPal's & eBay services after they have shut you down. These people were thriving, making good money selling items on ebay or elsewhere until PayPal shut them down and stopped their income for nonsense. They will actually limit your account just because they don't like to see you transfer a lot of money outside of PayPal. True story.

Although, with all that being said, the bitcointalk forums may not be the best place to sell this type of service. Most people here have pretty much dismissed PayPal as a viable money service, and rightfully so. BTC >>>>>>>> PayPal and it's not even close. I personally cannot wait until consumers realize this.

Lastly, for all of you who say "If you don't like PayPal don't use it," is only a scenario that would happen in a perfect world. If you are an online merchant, especially an eBay seller, you know that most customers are brainwashed into thinking PayPal is the best option. In fact, eBay makes it damn near impossible yo use anything but PayPal. 

Anyway, rock on OP. Hope you get some accounts sold.

I would not use a public proxy (like private internet access), but a private bought one. Or log in from an internet cafe. Anyone who logs in to a fake paypal account from their home computer is a fool!

cb

public internet or proxies?
It probably works with public internet, but please don't try to enter your pp account with a public proxy It will be banned in seconds.

Also just because it's verified doesn't mean it doesn't have limits (meaning you can't do jackshit with it). Buyer beware!

b!z: sure you can have an anoymous paypal...as long as it is not in your name and you are using public internet or proxies...not commenting on legality of such things but it can be done.

cb

>PayPal
>Anonymous

I don't think these two words should be together in the same sentence, unless you want to say, "PayPal is not anonymous".

Haha - Thanks Next time I should use another username for thread jacking - just kidding

Love how it was casually worked into the conversation. :-P

cb

Lol thread jacking

Ya PayPal is pretty strict with their terms